Lazard 'to lose M&A rainmaker'

Peter Kiernan, the investment banker who advised Kraft Foods on its £12bn hostile takeover of Cadbury, is reportedly to leave Lazard later this year

Wednesday 6 July 2011 at 06:32

Peter Kiernan, the investment banker who withdrew his candidacy to lead the UK's Takeover Panel following controversy over a deal on which he was lead adviser, is reportedly to leave Lazard later this year.

Sky News reported the potential departure today http://bit.ly/pBWUJU. Lazard declined to comment.