Lazard Brothers

"Lazard Partners is indeed an unusual bank, which has always operated on three legs - Lazard Frères in New York, Lazard Brothers in London, and Lazard Frères in Paris - and is endowed with a very rare legal status: that of a partnership. Its members are therefore liable with their personal assets."

"The Jacques Rober construction is admirably crafted. It gives Arnault, in his offensive, the financial support of the powerful Guinness battalions, while leaving him in control as the majority shareholder. How could the English brewer accept to be so bound and tied? He wanted at all costs to participate in LVMH's capital to consolidate his global distribution agreement in wines and spirits signed in 1987, which brought him a quarter of his profits, or more than 1 billion francs. Anthony Tennant, the head of Guinness, was convinced that he had no chance of succeeding alone in making a strong entry into LVMH due to the nationalist reactions of the French public and authorities, for whom the luxury group is part of the national heritage. With Chevalier's endorsement, Arnault would have argued that he had the support of the public authorities and that the most effective way to enter LVMH was to partner with him. This was confirmed by his own advisory bank, which was none other than... Lazard Brothers in London."

"A few hours later, Anthony Tennant and his Lazard Brothers20 and Indosuez bankers meet with the Dior president and his loyalists, Robert Léon and Pierre Godé."