News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Lazard and Caisse d'Epargne agree terms

Caisse d'Epargne, France's largest savings bank, is set to become Lazard's anchor shareholder with an 8-10% stake when the investment bank is listed on the New York Stock Exchange next year.

The plan, which would involve an investment of $200m-$250m (€150m-€188m) was discussed this week at a board meeting of Caisse d'Epargne, according to a report in Les Echos, the French business daily.

WSJ Logo