Norton Rose scoops HSBC-Ekonomi brief

Norton Rose has won an instruction from HSBC on the purchase of Indonesian lender Bank Ekonomi for $608m (£392.59m).

The firm has emerged as HSBC’s preferred corporate adviser in Asia, having also worked on its failed bid for the Korean Exchange Bank last month. Lovells advised the sellers, wealthy Indonesian private investor the Wings Group, in the cash-for-shares bid.

The Norton Rose team was led by corporate partner Jake Robson and Bangkok ­managing partner Phillip John.