Rothschild, a family-run bank, hired Lazard Ltd.’s former senior adviser Mark Walker, who worked with Greece on debt restructuring, three people with knowledge of the matter said.
Walker joined Rothschild in London last month to work on sovereign debt for government clients, said the people, who declined to be named because they aren’t authorised to speak to the press on the matter. Richard Creswell, a London-based spokesman for Lazard, and a Rothschild spokesman in Paris declined to comment.
Lazard hired Walker to its government advisory unit in Paris last year. He was previously managing partner at New York-based law firm Cleary Gottlieb Steen & Hamilton LLP, working on debt negotiations for five decades, including in Mexico during the Latin American crisis of the early 1980’s.
Before moving to Lazard, Walker also worked with the New York Federal Reserve and the U.S. Treasury on how to deal with the aftermath of the 2008 financial crisis, Lazard said in a statement in June last year.