Cleary Gottlieb Steen & Hamilton has hired a new financial services regulatory partner. Bob Penn, currently the head of non-contentious financial services
Law firm news by topic » Bank
Banking group Barclays has streamlined its panel of legal advisors, cutting 30% of the list of firms and organising the remainder into a two-tiered system of ‘preferred’ and ‘approved firms. The ‘preferred’
The outgoing general counsel at Barclays, Mark Harding, has been awarded a £3.6m bonus as part of a share incentive plan for the bank's directors and managers. Last month Harding announced that he would retire after
DLA Piper has entered the Australian market after merging with local firm DLA Phillips Fox. The integration of the two firms bolsters DLA Piper’s presence inInternational law firm
Yoss LLP has announced that it will close by 31 March, after negotiations with the firm’s bank broke down. Coming after months of partner defections and payment cutoffs, commentators say that the collapse of the
Cleary Gottlieb Steen & Hamilton has won the role as deal counsel to BNP Paribas on its €4.3bn rights offering launched on 29 September.
Linklaters and Nabarro are advising the financial services company London Scottish Bank, which went into administration today. London Scottish Bank specializes in offering fixed-rate savings accounts and loans to
Clifford Chance is leading a quartet of legal advisers to secure principal roles on the £7bn cash injection into Barclays from the Middle East. Latham & Watkins advised Qatar Holding, which invested £3.8bn into the UK
An Asian banker has been awarded a record £2.8 million in compensation. Balbinder Chagger, 40, successfully claimed race discrimination against Abbey. His compensation dwarves the £1.4m won by former Schroders worker,
Linklaters and Cleary Gottlieb Steen & Hamilton are continuing to cash in on the turmoil in the global banking markets, with the pair taking leading roles as BNP Paribas’ takes control of Fortis....
Mayer Brown has won the last major role up for grabs on the Northern Rock saga, litigation partner Clare Canning advising the valuer of the bank’s compensation scheme...
Linklaters and Cleary Gottlieb Hamilton & Steen have scored the mandates to represent Merrill Lynch and Bank of America respectively, advising them on all non-US aspects of the $50bn (£28bn) takeover which will create
Freshfields Bruckhaus Deringer has emerged as the latest firm to score a role on Japanese investment bank Nomura’s acquisition of Lehman Brothers’ Asian operations and its European and Middle East investment banking
Milbank Tweed Hadley & McCloy has landed a role advising the creditors’ committee of Lehman Brothers, which recreates the law firm line-up of the Enron bankruptcy. Most of Milbank’s bankruptcy team, which is led by
Elite US firms Wachtell Lipton Rosen & Katz and Shearman & Sterling have taken the lead advisory roles on the $50bn all-stock sale of banking giant Merrill Lynch to Bank of America.