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Wall Street Deal-Maker Bruce Wasserstein Dies

Wall Street Deal-Maker Bruce Wasserstein Dies

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Wasserstein died unexpectedly after being taken to the hospital on Sunday.

Bruce Wasserstein, who helped define an era of aggressive Wall Street deal makers, died at 61 years old. His passing triggers a search for new leadership at Lazard Ltd., the 120-year-old investment firm he led. The publicly traded New York boutique on Wednesday named Steven J. Golub as interim chief executive. Though Mr. Golub is the front-runner for the CEO post, other bankers including Gary Parr and Terry Savage also are under consideration, people inside the firm said. – From WSJ