Wasserstein & Co. News

Jeffrey Rosen, one of Wall Street's most celebrated investment bankers, has quit his position as deputy chairman of Dresdner Kleinwort Wasserstein after being approached by his old friend Bruce Wasserstein to join Lazard, its smaller rival.

Lazard, the gentlemanly giant of Wall St financial advisory firms, has appointed an insider, Kenneth Jacobs, to fill the shoes of the late Bruce Wasserstein as its new chairman and chief executive.

Bruce Wasserstein's death last month sent shock waves across Wall Street, and created a problem for Lazard Ltd., the financial advisory firm he remade this decade.

Two weeks after the sudden death of its CEO Bruce Wasserstein, Lazard Inc. said it will record an $86.5 million charge in the fourth quarter to cover stock options granted to him that will vest posthumously.

Trade Financial Corp. reported an $832 million quarterly net loss late Tuesday, as the discount broker recorded the impact of a recent debt exchange.

"Wasserstein was perfect for New York magazine" AdAge.com "This despite the fact that he felt the need to replace me," says former New York editor Caroline Miller .

Asian shares gave up early gains on Friday, with interest rate speculation pressuring assets in South Korea and China, while a bounce in the British pound continued to depress the yen and oil hit a one-year high above $78. European stock futures were up 0.4 percent and the euro hit a fresh 14-month high against the dollar at $1.4968, while U.S.

'Born December 25, 1947 in Brooklyn, New York, Bruce Wasserstein sadly died on October 14.

The death of Wall Street legend Bruce Wasserstein comes at a critical time for Northfield-based Kraft Foods in its effort to purchase Cadbury PLC , as Wasserstein's firm is playing a key role in assembling any deal.

The sudden death of star dealmaker Bruce Wasserstein on Wednesday has sparked questions about whether the magazines he nurtured will survive in their current form without him.

Prominent Wall Street dealmaker, Bruce Wasserstein, the CEO of Lazard Ltd has died at the age of 61.

Few aspects of human nature have been more important in shaping the business world than the fear of being thought a wimp.

Bruce Wasserstein, the Lazard chairman and media owner whose properties included New York magazine, trade publisher Penton Media and The Deal, died today at 61.

Steven Golub , vice chairman of Lazard Ltd., was named interim chief executive officer of the firm following the death of Bruce Wasserstein , the preeminent Wall Street dealmaker who took the bank public in 2005.

When Kohlberg, Kravis & Roberts set out to buy RJR Nabisco in 1989, Henry Kravis wanted Bruce Wasserstein on his side so that he couldn't represent anyone else.

Bruce Wasserstein, the Lazard chairman and media owner whose properties included New York magazine, died Wednesday at 61.

Investment bank Lazard Ltd said on Sunday that Chairman and Chief Executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat.

NEW YORK - Bruce Wasserstein, a prominent Wall Street dealmaker and CEO of Lazard Ltd., was hospitalized with an irregular heartbeat.

I have no idea why the Oregonian started the article by portraying Wasserstein as anything other than a aggressive buy-out firm which strips down companies and tries to sell the pieces for a profit.

Investment bank Lazard Ltd said on Sunday that Chairman and Chief Executive Bruce Wasserstein, a legendary dealmaker, had been hospitalized for an irregular heartbeat.