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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
Bloomberg business news
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.”

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.