Lazard left Australia IB market or are they still going?

Anyone know what’s going on with Lazard in Australia?

They are on a hiring frenzy even though they announced in Feb 2021 that they were retreating from Australia’s IB market.

Some articles I’ve found say existing local leadership team would set up a new boutique that would be run in affiliation with Lazard.

https://www.afr.com/street-talk/lazard-retreats-f…

Not sure if that’s the case or if something has changed?

 

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