US firms muscle in on UK rivals’ Barclays-ABN Amro action
No surprises that Allen & Overy (A&O) and Clifford Chance were tapped by ABN Amro and Barclays respectively on the “exploratory discussions” the banks are holding, which could lead to an £80bn mega-merger. See story. What’s perhaps more interesting is the US firms stealing the magic circle firms’ thunder. M&A behemoth Sullivan & Cromwell has […]