Banking and finance

Ashurst

Ashurst jumps on fintech bandwagon with accelerator launch

Ashurst has set up a new accelerator programme for up to 30 fintech companies, following similar efforts made by firms such as Allen & Overy, Slaughter and May and Addleshaw Goddard. The firm has launched FinTech Legal Labs, which will be run in its new London headquarters in the Fruit & Wool Exchange. It is […]

New York

A&O’s NY finance practice dealt a blow as pair leave for Shearman

The co-heads of Allen & Overy’s leveraged finance practice in New York have left the magic circle for Shearman & Sterling. Alan Rockwell and Michael Chernick, who cover all areas of leveraged finance, including M&A and private equity LBO financings, are to make the move from A&O. Rockwell started his career at the Scottish firm […]

Allen & Overy

A&O scraps derivatives product amid regulatory delays

Allen & Overy (A&O) has ceased operations around its derivatives platform due to regulatory delays, meaning that Linklaters is now the only law firm with technology offering available in this area of the market. The online platform, called Margin Xchange, was launched in April 2018 by the magic circle firm to help banks, hedge funds […]

Offices

Slaughters and Osborne Clarke among 15 firms on FTSE broker panel

FTSE 250 interdealer broker company TP ICAP has finished its EMEA panel review, with fifteen firms winning a place on the company’s first formal roster. Slaughter and May and magic circle firms Allen & Overy and Linklaters have all won spots, as well as Herbert Smith Freehills, Macfarlanes and Travers Smith. Eversheds Sunderland has further secured a […]

Lloyds

Lloyds Bank wraps up latest review of legal advisers

Lloyds Bank has completed its latest panel review of its core advisers and general roster, with reductions being made to the latter line-up. The Lawyer understands that the core panel has been left in tact, with members including CMS, Eversheds Sutherland, Herbert Smith Freehills and Ashurst, as well as Addleshaw Goddard, Hogan Lovells, and magic […]

Dentons

Dentons takes second swipe at Simmons’ banking practice

Simmons & Simmons has lost another partner to Dentons, with banking and finance lawyer Richard Pallot-Cook rejoining the firm after six years. Richard Pallot-Cook, who specialises in corporate and financial restructuring, work-outs and insolvency, moved across from legacy SNR Denton to Simmons & Simmons in 2013. Having trained at legacy Eversheds, he was at SNR […]

Former RBS in-houser leaves White & Case after a year

RBS’ former litigation head Laura Durrant, who joined White & Case amid a spate of hires to its financial institutions group, has left the firm after little over a year. Durrant previously spent eight years at RBS and four years as an associate at Herbert Smith Freehills. Following her exit from White & Case, she […]

exit

Squires sets out finance ambitions with HSF hire

Following on from the hire of Ashurst’s former managing partner James Collis, Squire Patton Boggs has recruited Herbert Smith Freehills partner Ian Yeo in a bid to boost its team. Yeo previously spent 13 years as a partner at HSF and was a trainee at Clifford Chance. He was also at Dentons for a short […]

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