Banking and Finance News
Lloyds Banking Group has appointed Jennifer Neilsen as general counsel for retail following the departure of Stuart Morgan in May.
In his 14 years at the helm of Weil Gotshal & Manges’ London office, Mike Francies has overseen a wealth of change, watching the office transform from a private equity and structured finance focused outfit into a broader beast.
Spanish firm Pérez- Llorca has announced the opening of a new office in London, led by corporate and finance partner Fernando Quicios.
McDermott Will & Emery finance partner Pierre Brochet has left to join Greenberg Traurig Maher’s (GTM) London office as a partner in the firm’s corporate and securities practice.
White & Case has added five new members to its partnership in London - more than any of the firm’s other offices globally.
King & Wood Mallesons SJ Berwin (KWM SJB) has hired finance and employment teams in Milan led by partners from two local firms in a significant boost for its Italian practice.
Berwin Leighton Paisner (BLP), Clifford Chance, Osborne Clarke and Stephenson Harwood are understood to have missed out on Lloyds’ core panel spots in its latest review, which reduced the roster from 12 to 10.
Freshfields Bruckhaus Deringer and Linklaters advised on more main market IPOs in London than any other firms between 1 January and 30 August 2014.
Orrick Rambaud Martel has strengthened its Paris banking group and Africa expertise with the hire of a partner from Heenan Paris, the French successor firm to collapsed Canadian outfit Heenan Blaikie.
Banking and Finance Briefings
Moldova: amendments to the legislation on pledges download subscription
On 25 July 2014, the Parliament of the Republic of Moldova adopted Act No. 173/2014 on amending and supplementing of certain legal acts.
Consumer finance update: CFPB issues final rule for QM points and fees cure download subscription
The CFPB has issued a final rule allowing lenders to cure loans that do not meet the ‘points and fees’ test under the Ability-to-Repay/Qualified Mortgage Rule.
What is legal tender? download subscription
Earlier this year, the Bank of England announced that it was withdrawing the legal tender status of the then current £50 note. What did that mean?
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.