A Multinational Perspective
Lazard's roots began in the 1840s with the emigration of five French brothers and several cousins to the United States. In 1848, Alexandre, Lazare, and Simon Lazard founded Lazard Frères & Co. in New Orleans as a dry goods merchant.
By 1851, Lazard Frères had moved to San Francisco, where it would expand into banking and foreign exchange. In the same year, one of the brothers opened a New York office. In 1854, Lazard Frères opened an office in Paris. It soon began advising the French government on gold buying. In 1870, the family opened an office in London.
Alexandre, Lazare, and Simon Lazard, brothers from France, establish Lazard Frères as a dry goods business in New Orleans
Lazard Frères begins to engage in banking activities
Simon Lazard, with two other brothers, Maurice and Elie, move Lazard Frères to San Francisco. Alexandre Lazard opens an office in New York City
Alexandre Lazard moves to Paris and establishes Lazard Frères et Cie