Lazard’s Orszag Says Price of Bankers Is Rising Across Industry

Executive says competition has been heating up for bankers
Lazard is ‘very actively hiring,’ according to Orszag

WATCH: Lazard CEO Peter Orszag discusses Wall Street's adoption of flexible work policies to retain and attract talent, financial firm compensation, and the path of U.S. inflation on “Bloomberg Markets.”

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Max Reyes and Sonali Basak

July 1, 2021 at 3:57 PM UTC

This article is for subscribers only.

Lazard Ltd. is “very actively hiring” even as competition for talent drives finance-industry wages higher, according to the firm’s financial-advisory chief.

“There’s a lot of competition for bankers right now,” Peter Orszag said in an interview with Bloomberg Television Thursday.