Lazard Said to Hire Two Managing Directors From Bank of America

Lazard Inc. is expanding its investment banking franchise in North America with two managing director hires, according to people familiar with the matter.

Bank of America executives Bill Young and Jean Greene are both expected to join the bank following the completion of gardening leave, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The two executives, who will both be managing directors focused on diversified industrials, will be based in New York, the people said.