Lazard Chief Executive Officer Peter Orszag on CNBC’s Squawk Box
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On May 22, Lazard's Chief Executive Officer, Peter Orszag, appeared on CNBC's Squawk Box where he discussed tailwinds propelling M&A activities, the maturation of debt issued during the global pandemic, and the current sentiment among executives about the regulatory framework for dealmaking.
Peter highlighted an interesting shift in corporate behavior towards regulatory restrictions in dealmaking: "I think that the fact the Government has lost some cases…means that the deterrence effect now is probably smaller than it was two years ago, even though it's much higher than it was five years ago. Many boards and C-suites are willing to litigate, knowing the laws have not changed and they're being interpreted in a new way."
Watch Peter's segment here.
About Lazard
Founded in 1848, Lazard is the preeminent financial advisory, private capital advisory, and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters. Lazard also advises private markets sponsors and investors on primary fundraising, secondary transactions, and GP capital solutions, and provides asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Lazard is listed on the New York Stock Exchange as Lazard, Inc. under the ticker LAZ. For more information, please visit Lazard.com and follow Lazard on LinkedIn.
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