Lazard Ltd

Cerberus and a rival investment firm have told HSBC <HSBA.L> they would buy its French retail arm for a symbolic one euro provided the British bank ploughs more than 500 million euros ($582.70 million) into the business, sources told Reuters.

Spanish regional telecom operator Euskaltel <EKTL.MC> has hired investment bank Lazard <LAZ.N> to explore a potential sale of its broadband network, Expansion newspaper reported on Friday, citing unidentified market sources.

Investment bank Lazard Ltd <LAZ.N> on Friday reported an 8% fall in second-quarter adjusted earnings per share, a smaller drop than analysts had expected, as the slowdown in corporate dealmaking due to the COVID-19 pandemic weighed.

More governments could be forced into negotiations with creditors this year as the coronavirus crisis piles further pressure onto countries already struggling with debt repayments, executives at investment bank Lazard said.

Activist investors demanded more change at European and Japanese companies in the first half of 2020 while giving U.S. companies a pass, for now, new data from investment bank Lazard show.

Serie A has picked Lazard to weigh the private equity bids for its broadcast rights business, two sources close to the matter said, as Italy's top-flight soccer league looks at ways to weather the financial storm triggered by the coronavirus.

Corporate agitators who had tread lightly as the deadly coronavirus spread in March and April stepped up the pressure on global corporations by launching 16 new campaigns in May, including five in Japan, data from Lazard Ltd <LAZ.N> show.

Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic.

Moelis & Co <MC.N> has hired veteran oil and gas banker Mark Renton to work in its energy team, according to a memo seen by Reuters, the contents of which were confirmed by a spokeswoman.

* LAZARD LTD SAYS CEO KENNETH JACOBS' FY 2019 TOTAL COMPENSATION WAS $10.5 MILLION VERSUS $11.46 MILLION IN FY 2018 - SEC FILING

Investment bank Lazard Ltd <LAZ.N> said on Thursday net profit in 2019 slumped by 44% year on year, as last year's slowdown in corporate dealmaking weighed on earnings, but the company said fourth-quarter activity gave grounds for optimism in 2020.

Investment bank Lazard Ltd on Thursday reported a 32% year-on-year drop in fourth-quarter net income, a steeper fall than analysts had estimated.

Spanish renewable energy and engineering firm Abengoa <ABG.MC> announced on Thursday it had hired U.S. investment bank Lazard to study ways to reinforce its capital structure.

Lazard's Jean-Louis Girodolle has no intention of becoming a "public figure" as he emerges from the shadow of Matthieu Pigasse as the investment bank's new boss in France.

Lazard Ltd <LAZ.N> said on Thursday it had axed about 200 employees after a review of its business, as the investment bank reported a 21% drop in third-quarter adjusted net income amid a slowdown in worldwide deal activity.

Investment bank Lazard <LAZ.N> has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.

Investment bank Lazard on Thursday reported a lower than expected 21% drop in third-quarter adjusted net income.

French banker Matthieu Pigasse is to leave Lazard after 17 years to pursue a new entrepreneurial project, an exit that will see the firm lose one of its biggest rainmakers.

Lazard said on Sunday that dealmaker Matthieu Pigasse resigned after 17 years at the investment bank.