Central Banking

Tietmeyer to open doors for Lazard's

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Hans Tietmeyer, former president of Germany's Bundesbank, has joined Lazard's as a senior adviser. The appointment gives a boost to Lazard's position in Germany, where the bank has been adding senior staff over the past year.

Tietmeyer's main role will be to open doors to the struggling merchant bank as it tries to drum up mergers and acquisition business in Germany. This is a notoriously difficult market for UK based banks, as big German companies tend to be tied up with German banks through

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