Lazard fires senior banker for inappropriate behavior -source By Reuters

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<span>© Reuters. FILE PHOTO: The logo and trading information for Lazard Ltd appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24, 2019. REUTERS/Brendan McDermid/File Photo</span><br />
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<p>NEW YORK (Reuters) – Investment bank Lazard (NYSE:) terminated a managing director for inappropriate behavior over the weekend, according to a source familiar with the situation.</p>
<p>Incoming CEO Peter Orszag sent a memo to staff this weekend informing them that the company had dismissed a managing director in the bank’s financial advisory unit, the source said. Lazard took action after investigating the behavior, which occurred at a personal event at which employees were present, the source said, without naming the banker. </p>
<p>Orszag currently leads Lazard’s financial advisory unit overseeing deals. </p>
<p>Bloomberg News reported earlier on the firing. </p>
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<br /><a href="https://www.investing.com/news/stock-market-news/lazard-fires-senior-banker-for-inappropriate-behavior-source-3118943">Source link </a></p><p>The post <a href="https://forextraderhub.com/lazard-fires-senior-banker-for-inappropriate-behavior-source-by-reuters.html">Lazard fires senior banker for inappropriate behavior -source By Reuters</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>