Banking and Finance News
Barclays has announced the appointment of Gibson Dunn & Crutcher partner Mark Shelton as global general counsel for its investment banking division and regional general counsel for the Americas.
Hogan Lovells and Erskine Chambers have secured a Court of Appeal (CoA) judgment requiring Russian tycoon Sergei Pugachev to disclose information about discretionary trusts established in New Zealand, setting a precedent in cases involving freezing orders.
Collective turnover at UK firms increased by 8.4 per cent to a record £30.6bn last year - accounting for 7 per cent of the $650bn (£419.6bn) global legal services fee revenue in 2013/14.
Linklaters and Herbert Smith Freehills are among the firms to win a spot advising on the initial public offering of challenger bank Aldermore.
McCann FitzGerald has been appointed as the adviser to Allied Irish Banks (AIB) on its proposed capital restructuring by the Irish government.
US firm Proskauer has started 2015 with a statement of intent, hiring former SJ Berwin corporate chief Steve Davis to head its team in the City.
Eversheds has hired six regulatory compliance consultants in a bid to expand the remit of its financial services team under the leadership of partner David Saunders.
The former managing partner of Olswang’s Paris office has quit the firm with a team of lawyers to become banking head at French firm UGGC.
William Fry has emerged as the winner of the Irish Department of Finance’s tender to appoint a legal adviser to work on the potential capital restructuring of Ireland’s investments in Allied Irish Banks (AIB).
Banking and Finance Briefings
Vehicle finance drives strong car sales download subscription
Greg Standing looks at the different factors contributing to growth in UK car sales, the impact of PCP products on the industry and both the challenges and opportunities facing the industry in the future.
Luxembourg’s advantages for companies considering locating their business here and insight into the country’s legal regime for enterprises.
India’s E-Biz project: e-filing for FDI transactions and new website for FIPB applications download subscription
To promote easier reporting for foreign direct investmen transactions the Reserve Bank of India has amended the process of filing certain returns.
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?