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News > Companies
Lazard exec off to Goldman
March 19, 1998: 8:26 a.m. ET

Well-respected banker Kendrick Wilson leaves for Goldman Sachs
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NEW YORK (CNNfn) - Well-respected investment banker Kendrick Wilson is leaving Lazard Freres & Co. to take a post as managing director with the financial institutions group at Goldman, Sachs & Co.
     Wilson, who has been with Lazard Freres since 1989, advised on such deals as the sale of Montgomery Securities to Nationsbank Corp. and Banc One Corp.'s buyout of First USA.
     Wilson told the New York Times that a position with Goldman Sachs was "a tremendous opportunity."
     Goldman Sachs reportedly brought on Wilson to expand the company's presence in the surging financial-services sector.
     Wilson was head of investment banking at Lazard until November, when he stepped down from that spot. His defection is yet another ripple in a tumultuous period for the firm. Earlier in 1997, Felix Rohatyn resigned to become the United States' ambassador to France.
     Before he joined Lazard, Wilson was president of Ranieri Wilson & Co. and prior to that he was a senior executive vice president at E.F. Hutton & Co.Back to top

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.
© 2012 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .