Braggiotti Feud for thought

Anyone who thought Lazard might wean itself off its addiction to internal feuding following the bank’s initial public offering – well, think again. It’s just weeks after the deal, and already one of the firm’s star dealmakers – Gerardo Braggiotti – is threatening to quit. The pretext? An argument about who should head Lazard’s European operations. Braggiotti is said to believe the firm’s boss, Bruce Wasserstein, reneged on a promise made before the IPO to give him the role. But Lazard is said t...