Banking and Finance Analysis
Portugal’s lawyers have been busy this year on a number of big deals, but not all have succeeded. Why?
Swiss firms have bagged major business from global brands such as GSK, Novartis and Crédit Suisse this year, while their Asia ventures have come good.
This week our top briefings writers are taken from the banking sector, and their posts include trends for mid-market corporate finance, how economists can help with litigation awards, what to do if a dividend is unlawful, and advice for borrowers when their loan is sold.
Cross-border work and political tensions are dominating this year’s entries for Finance Team of the Year at The Lawyer Awards.
Tax evasion allegations and the uncapping of the Swiss franc have kept the country in the headlines recently, but it’s all good for lawyers.
Banking and Finance Briefings
Austria: bail-in protection for repos and securities lending deals download subscription
Confirmation at last.
Bonus cap update on role-based allowances subscription
Luxembourg: a heavier compliance burden subscription
Banking and Finance News
The Royal Bank of Scotland (RBS) and Herbert Smith Freehills (HSF) have been criticised in the High Court for their “unfocused”, “unsettling” and “less than compelling” approach to disclosure in the bank’s £4bn battle with shareholders.
Cross-border teams from Freshfields Bruckhaus Deringer and Sullivan & Cromwell are advising on the €1.7bn (£1.2bn) tie-up between banking technology companies Wincor Nixdorf and Diebold in Germany and the US.
Dechert has announced the hire of former Weil Gotshal & Manges corporate finance heavyweight Laurent Faugérolas as a partner, almost three years after he quit law to set up a corporate advisory boutique.
Banking and Finance Opinion
While the chances of Greece leaving the eurozone have diminished a Grexit still remains possible.
Which firms will have the balls to walk away from the RBS review?
The revelation by Tesco that it had overstated its trading profits by £250m wiped £2bn off its market value in one day.