Current and former Lazard staff have sold $193m (€131m) worth of shares in the investment bank just three months after they raised $104m through selling some of their stock. Financial News has reviewed the regulatory filings to provide a breakdown of senior employees who have made millions.
In this week's offer a total of 5.2 million shares were sold to Goldman Sachs at $37 each, according to a filing with the US Securities and Exchange Commission. Goldman netted a $2.6m profit from the deal after selling the shares in a public offering at $37.50 each.