Lazard CEO Says Remote Work Damages Prospects for Young Bankers
- Jacobs says investment banking is ‘an in-office experience’
- Wall Street grapples with balancing flexible work schedules
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Lazard Ltd. Chief Executive Officer Ken Jacobs said remote work hasn’t hurt dealmaking, but it could have a big impact on prospects for younger bankers across the industry.
“This ultimately is an in-office experience,” Jacobs said Tuesday in a Bloomberg Television interview.