Financial Times FT.com

Business Book of the Year 2007

Demise of the renaissance bank

By Andrew Hill

Published: October 29 2007 17:21 | Last updated: October 29 2007 17:21

Horror and admiration. William Cohan admits to having mixed feelings about the larger-than-life, ego-driven protagonists of The Last Tycoons, his no-holds-barred book about the history of Lazard, the investment bank.

But he also sounds slightly wistful about the passing of the epoch of the “great men” – the Lazard partners who were, in their pomp, “the finest and most experienced collection of investment bankers the world had ever known”, according to the book.

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