Hints and tips:
...Jerry Wiant, managing director in Lazard’s financial institutions group, also noted hedging or arbitrage activity could put short-term pressure on buyers’ shares in all-stock deals....
...Job Moves Lazard hired Jerry Wiant from Royal Bank of Canada to lead the New York-based investment bank’s effort to expand their financial institutions advisory business....
...“The challenge is, when you buy a bank, you become a bank,” as Mr Wiant of RBC puts it....
...But co-manager Jim Wiant believes the risk-return scenario is worth it. The fund’s numbers have borne this out....
...Jerry Wiant will join as a director. People close to Lehman downplayed the move, saying all the departing bankers played junior support roles to Mark Burton and other senior Lehman bankers....
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