Banking and Finance News
Eversheds and Hill Dickinson are among 14 firms to have taken places on Metro Bank’s lending and securities panel.
Clydesdale Bank UK general counsel Jennifer Darbyshire has returned to Australia to resume her role at parent company National Australia Bank (NAB) with James Peirson taking over the UK role.
Kirkland & Ellis debt finance partner Stephen Gillespie is leaving the firm to join Gibson Dunn & Crutcher, to become the Californian firm’s fifth high-profile recruit this year.
Clifford Chance partner Simon Davis has branded the Financial Conduct Authority “seriously inadequate” in his published report into the leak on a FCA life insurance industry probe earlier this year.
Freshfields Bruckhaus Deringer has named retail sector group head Claire Wills as co-head of its financial institutions group (FIG) to replace banking partner Sean Pierce.
CMS and Pinsent Masons have taken key roles on the £224.1m acquisition of Scotland’s second-largest covered shopping centre, The Centre in Livingston, by HSBC Alternative Investments.
The Financial Conduct Authority (FCA) has promoted lawyer and current head of enforcement Tracey McDermott as part of a structural overhaul after admitting its supervision function was “under strain”.
Clifford Chance has recruited a team of five from Bingham McCutchen, led by partners Robert Gross and William Cejudo, to add to its Washington DC-based structured finance team.
Accountancy and consulting giant EY is the third of the big four accountants to enter the regulated legal market after being granting an ABS licence by the Solicitors Regulation Authority (SRA).
Banking and Finance Briefings
South Africa Energy Update: The Promotion and Protection of Investment Bill download subscription
The South African government has intends to move away from bilateral investment treaties (BITs), and to protect foreign investors by means of national legislation instead.
When is an unregulated agreement not an unregulated agreement? The perils of offering added protections download subscription
One judgment serves as a warning to regulated firms that if you offer a customer greater protections than they are legally entitled to, you have to provide them or face the consequences.
InCredit — new rules on credit broking fees and financial promotions; FCA webpage on rules for loan-based crowdfunding platforms; CML responds on FPC direction powers download subscription
This edition includes new rules on credit broking fees, the Q3 SME lending stats and the European Banking Authority’s thoughts on credit institutions.
Banking and Finance Analysis
IPOs are booming again, sending law firms jostling for mandates, but this time there’s a new role for banks that are independently advising the issuers. Step forward Lazard and Rothschild
Panel reviews 2014: The chosen ones download
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
Banking and Finance Opinion
The revelation by Tesco that it had overstated its trading profits by £250m wiped £2bn off its market value in one day.
Have the magic circle firms squandered their lead in acquisition finance?
For some reason the politics of King & Wood Mallesons SJ Berwin’s corporate department attracts extraordinary attention online from our readers.