Lazard - The turmoil of transition at Lazard - Lazard chairman Michel David-Weill had just recovered from dealing with those in his bank demanding more participation and transparency when he had to fight off attacks by entrepreneur Vincent Bolloré and by UBS Warburg. More changes are likely to be needed if Lazard is to defend its place between aboutique and a full-service bank.
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Euromoney. - London : Euromoney Publ, ISSN 0014-2433, ZDB-ID 1902325. - 2001, p. 26-35
CASH & SECURITIES SERVICES - CLEARING AND SETTLEMENT - Concerns about the operational risk management issues surrounding the huge backlog in reconciling credit derivative trades is leading to mounting pressure on firms to tighten procedures and improve transparency. Those that drag their feet could suffer
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