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.

New York 620px

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.

Royal Bank of Scotland RBS

Quinn Emanuel, Stewarts and Bird & Bird gear up for RBS rights battle

18-Aug-2014 | By Kate Beioley

Quinn Emanuel Urquhart & Sullivan and litigation boutique Leon Kaye have formally joined the £4bn shareholder battle brought against the Royal Bank of Scotland (RBS) over its 2008 rights issue.

Barclays

Barclays turns to Sullivan & Cromwell as litigation bill set to rise by £1.2bn

14-Aug-2014 | By Kate Beioley

Barclays has turned to Sullivan & Cromwell to defend it against fraud allegations in the US, as analysts predict the bank could face a £1.2bn bill for a raft of litigation.

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Banking and Finance Briefings

How will the new EU sanctions affect TMT companies with Russian interests? download subscription

Eversheds 27-Aug-2014

This article outlines the extent of EU sanctions targeted against Russia, Crimea and Sevastapol and provides some general guidance to TMT companies doing business in Russia.

Financial Regulatory Developments: Office for Science to examine FinTech; FCA publishes credit application checklists; and more download subscription

Dentons 26-Aug-2014

Dentons has released the 22 August 2014 issue of its Financial Regulatory Developments (FReD) publication.

Investec and Ors v Glenalla and Ors — Court of Appeal judgment 27 June 2014 download subscription

Ogier 26-Aug-2014

This judgment in the Court of Appeal considered an appeal on one part of the judgment of Lieutenant Bailiff Chadwick (the Judge) of December 2013.

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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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