Banking and Finance News
Paul Hastings has hired a nine-strong team in New York and Washington, DC, led by Ashurst co-head of securities and derivatives Scott Faga and US managing partner Eugene Ferrer, to build its structured finance capability.
Chadbourne and King & Spalding advise in landmark Islamic financing for $2bn industrial gases project
Chadbourne & Parke and King & Spalding have advised on the Islamic financing for a $2bn (£1.279bn) industrial gases project in Saudi Arabia to supply oil company Saudi Aramco.
Lloyds Bank has hired ex-Barclays head of legal for corporate banking Joanna Carver as general counsel for commercial banking.
Gide Loyrette Nouel is set to lose another lawyer in Paris as finance partner Fernand Arsanios departs to join Reed Smith’s financial industry group.
Clifford Chance and Linklaters are the latest firms to have won mandates as General Electric (GE) stays on track to sell $100bn (£63.6bn) worth of assets by the end of the year.
Clifford Chance and Linklaters have acted as lead international counsel on the issuance of Bank of China’s $3.55bn multi-currency bond, which is set to facilitate China’s One Belt One Road (OBOR) initiative.
Latham & Watkins Abu Dhabi project finance partner Nick Collins has joined Jones Day’s projects and infrastructure practice in London.
Proskauer Rose has continued its London hiring spree by picking up finance partner Alexander Griffith from DLA Piper.
Europe exchange-traded products provider Source UK Services has appointed Citco Financial Products’ Katy Walton Jones as its general counsel and a member of the management committee.
Banking and Finance Briefings
Italy: bankruptcy law change to promote debt restructuring download subscription
A debtor can cram down an agreement to dissenting minority lenders.
Also: spouses’ rights, and the meaning of ’acting by the receivers’.
Five experts from around the world discuss recent regulatory changes and interesting developments in their jurisdiction.
Banking and Finance Analysis
Cross-border work and political tensions are dominating this year’s entries for Finance Team of the Year at The Lawyer Awards.
Tax evasion allegations and the uncapping of the Swiss franc have kept the country in the headlines recently, but it’s all good for lawyers.
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.