London

Jones Day raids Ropes & Gray for high yield partner Jonathan Bloom

1-Sep-2014 | By Natalie Stanton

Ropes & Gray high yield partner Jonathan Bloom has quit the firm to join Jones Day’s City base.

johannesburg south africa

Allen & Overy set to launch in South Africa with senior Bowmans hires

1-Sep-2014 | By Joanne Harris

Allen & Overy (A&O) is understood to be preparing for a launch in South Africa, with the hire of a team from local firm Bowman Gilfillan led by banking head Lionel Shawe.

rope ladder

Climbing the ladder: A closer look at Ropes & Gray's private equity project

27-Aug-2014 | By Natalie Stanton

Ropes & Gray’s hire of Travers Smith private equity star Phil Sanderson is quite a coup for the US firm.

bank of America 317

Skadden brokers historic $16.5bn Bank of America deal with US DoJ

22-Aug-2014 | By Natasha Bernal

Skadden Arps Slate Meagher & Flom has brokered a record-breaking $16.6bn (£10bn) settlement with the US Department of Justice (DoJ) for client Bank of America to resolve allegations of fraudulent mortgage handling.

home door

Weil high yield star Strauss returns to Simpson Thacher as equity partner

21-Aug-2014 | By Natalie Stanton

Four years ago, in July 2010, Simpson Thacher lost an up-and-coming high yield counsel to Freshfields Bruckhaus Deringer, having passed him by for partnership.

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Third Citigroup in-house lawyer exits bank in US

21-Aug-2014 | By Kate Beioley

Citigroup has lost its New-York based global consumer business general counsel following the exit of two other in-house lawyers earlier in the year. 

Clifford Chance 317 Big

Clifford Chance builds up private equity team as associates leave

21-Aug-2014 | By Kate Beioley

Clifford Chance is understood to be losing four private equity associates to join partners at firms including Latham & Watkins and Simpson Thacher & Bartlett, underlining the vulnerability of magic circle firms to headhunters acting for US firms in London.

lloyds bank

Lloyds panel review enters final stage with one week until deadline

21-Aug-2014 | By Kate Beioley

Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling. 

Indonesia

Ashurst raids O’Melveny & Myers and White & Case to bolster Asia practice

19-Aug-2014 | By Natalie Stanton

Ashurst has taken a trio of partners from O’Melveny & Myers and one from White & Case in a bid to boost its restructuring offering in Asia.

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Banking and Finance Briefings

Publication of the UCITS V Directive download subscription

Wildgen 1-Sep-2014

The UCITS V Directive has been published in volume L 257 of the Official Journal of the European Union.

Lehman Brothers: Pensions Regulator settles for full buy-out cost download subscription

Nabarro 29-Aug-2014

The Pensions Regulator’s financial support direction case against various companies in the Lehman Brothers group has settled.

Mexico’s energy reform provides significant opportunities in oil and gas exploration and production download subscription

Pillsbury Winthrop Shaw Pittman 29-Aug-2014

Mexico’s new energy legislation will completely restructure the Mexican energy sector, including both hydrocarbons and electricity.

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Banking and Finance Analysis

money

The Lawyer Awards 2014 Shortlist: Finance Team of the Year

9-Jun-2014 | By Natalie Stanton

A flair for innovation sets apart the banking and finance teams on this year’s shortlist for top honours at The Lawyer Awards 

Switz

Switzerland: You can dodge, but you can’t hide

21-Apr-2014 | By Jonathan Ames

As Swiss banks wait for the US authorities’ tax evasion spotlight to fall on them, law firms are drafting in extra staff to cope

Money

Leveraged finance: where did it all go wrong for UK firms?

18-Mar-2014 | By Natalie Stanton

Imagine you’re the general counsel of London-based private equity investor BC Partners. You’re sipping on your coffee, hashing out the details of your imminent £382m investment into UK-based business publishing company Mergermarket. 

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Banking and Finance Opinion

Cat Griffiths index

Losing the magic touch in finance

17-Mar-2014 | By Catrin Griffiths

Have the magic circle firms squandered their lead in acquisition finance?

Cat Griffiths index

A farewell to UK finance work

20-Jan-2014 | By Catrin Griffiths

For some reason the politics of King & Wood Mallesons SJ Berwin’s corporate department attracts extraordinary attention online from our readers.

White

If we value bravery we must pay

4-Nov-2013

Financial incentives should be introduced for whistleblowers if we really want to encourage them 

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