"It's pretty simple - you can't make a big business decision today without a geopolitical perspective," Orszag said in an interview at the Reuters NEXT conference in New York.
Lazard has a geopolitical advisory unit that analyzes world events and their potential impact on clients' businesses.
Orszag set an ambitious goal of doubling the investment bank's revenue by 2030.
Some investment banks have laid off thousands of employees and cut other costs after several quarters of lethargic dealmaking.
[1/5]Peter Orszag, CEO of Lazard, speaks with Reuters journalist Lananh Nguyen during the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023.
Persons:
Peter Orszag, Orszag, Lazard, lethargic, Lananh Nguyen, Brendan McDermid, dealmaking, Brian Moynihan, Obama, We're, Leela de Kretser, Mark Porter, Emelia
Organizations:
Reuters NEXT, Wall, Reuters, REUTERS, Bank of America, reuters, Thomson
Locations:
China, Ukraine, New York, New York City , New York, U.S