Category: Investment Banking
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Mack the Seller: The Former Morgan Stanley Chief Lists His Upper East Side Carriage House for $80 Million
John Mack bought 165 East 70th Street for $13.5 million in 2009. Now the six-story, 16,000-square-foot former carriage house is asking a number that would set a Manhattan townhouse record.
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Lazard’s Paradox: A Record Advisory Quarter, a 59 Percent Profit Drop and a Bet on Private Capital
Peter Orszag’s firm just posted its best third quarter ever in financial advisory. It also paid its people more than ever to get there. Lazard CL, launching next month, is the answer he is offering shareholders.
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The Boutique Raid: PJT, Evercore and Centerview Go Shopping on Bank and Hedge-Fund Rosters
A Bank of America chairman heads to PJT, a Ducera dealmaker to Evercore, an Elliott capital-markets specialist to Centerview. The independents are paying for rainmakers, and the bulge brackets are noticing.
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Goldman’s Gilded Autumn: The League Tables, the Record Quarter and the Bonus Season to Come
West Street sits atop every M&A ranking that matters, advisory fees just hit a record, and the comp consultants are calling 2026 “the year of the bank.” The fine print is more interesting than the headline.
