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Lazard CEO Jacobs: Fierce battle for top dealmakers has cooled off
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The battle for top dealmaking talent is cooling off after frenzied levels of recruitment last year amid a record fee boom, according to the chief executive of independent investment bank Lazard.
Lazard has been hiring a flurry of senior bankers over the past 12 months as the bank invests in new sectors and business lines, and it has become a "little less challenging" to find talent, Ken Jacobs, the bank's CEO, told Financial News.
"I...
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