Home \ Keywords \ Financial Times

You are here

Financial Times

Lazard’s Antonio Weiss withdraws from Treasury role

Senator Elizabeth Warren’s populist wing of the Democratic party has shown its clout by derailing the White House’s attempt to appoint a Lazard banker to a senior US Treasury post.
The nomination of Antonio Weiss, global head of investment banking at Lazard, had been opposed by Senator Warren who viewed him as a symbol of Wall Street’s unwanted influence over government and criticised him for lacking relevant experience.