Banking and Finance News
Allen & Overy (A&O) financial institutions head Alistair Asher is to take the top legal job at the Co-operative Group, starting as group general counsel on 1 July.
Allen & Overy (A&O) and Linklaters have taken headline roles advising on the Co-operative Group’s £1.5bn debt restructuring that will see bondholders offered shares in the bank through a so-called ‘bail-in’.
Paul Hastings’ London office has taken an advisory role for the corporate finance group behind a plan to distribute shares in RBS and Lloyds Banking Group to the public as part of the banks’ planned privatisations.
Former Allen & Overy (A&O) senior associate Denise Gibson is to rejoin the firm as a banking partner following a stint at Goldman Sachs.
Lloyds Banking Group has still not informed its external advisers about the timescale for its customer-pay panel review, after partners at law firms originally expected the process to kick off earlier this year.