Finance

Evercore Expands in Paris as Bankers Navigate French Turmoil

  • US firm targets 20-strong team, including senior Lazard hires
  • Competition is intensifying despite slow recovery for M&A
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Evercore Inc. is pushing deeper into France, betting it can overcome the country’s dealmaking slump and political turmoil with a raft of senior hires from rival investment banks.

The Paris team for the New York-based firm will number about 20 bankers by the end of the year, according to company officials, including three senior executives defecting from Lazard Inc.: Andrea Bozzi, Charles Andrez, and Charles-Henri Filippi, Lazard’s former non-executive co-chair of French investment banking.