Stuart Levey Chief legal officer and group managing director HSBC Holdings Stuart Levey joined HSBC in London in January 2012. His hire was a key part of HSBC’s efforts to restructure, reform, and bring on board new leadership to implement HSBC’s new global business strategy and respond most effectively to high-profile investigations in the …
Mark Harding Group general counsel Barclays Few general counsel attract the levels of respect from fellow in-house lawyers that Mark Harding, group general counsel at Barclays, commands. He was the first chairman of the GC100, which elevated his profile among his in-house counterparts, and he remains active in the organisation. He firmly believes that …
Private equity backed Parabis Group recently entered the Scottish legal insurance market with a bold statement of intent, hiring local rival HBJ Claim Solutions’ litigation head Tony O’Malley in the process. Parabis, an alternative business structure in England and Wales, has opened a single-partner-regulated law office known as Parabis Scotland. It will offer claimant and …
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Ashurst’s recent appetite for international expansion shows no sign of abating, with the firm announcing in November the launch of a new operation in Saudi Arabia. The firm will soon be able to practise Saudi law after establishing a partnership with Faisal Adnan Baassiri, the former head of legal at Ashurst client Saudi Economic and …
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DAC Beachcroft has strengthened its presence in Latin America by becoming the first European-based firm to launch in Chile by acquiring two local firms. Chilean players SegurosLex and Amunategui y Cia joined the English firm to create DAC Beachcroft Chile at the beginning of November in a move to extend its leading insurance practice in …
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US firm Locke Lord has continued its rapid expansion in London since launching in February this year with the addition of three more lateral hires within a few weeks. The arrival of Mayer Brown reinsurance litigator Ian McKenna at the end of October was followed by the hire of Fox Williams’ corporate finance partner James …
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November saw London-based Magrath become the first corporate immigration specialist to open a standalone presence in Singapore; Ben Sheldrick and Mark Chowdhry will spearhead the firm’s practice in the city state. The launch of Magrath Global reflects the eastwards shift of several of the firm’s multinational clients, eager to capitalise on more buoyant markets. ‘Clients …
With the recent influx of foreign firms into Seoul showing no signs of stopping, questions are being raised as to whether the market has reached saturation point and which firms will win the race for Korea’s most prestigious clients. Paul Hastings and Covington & Burling became the most recent firms to open new offices in …
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With the latest round of bank panel reviews in full swing, early indications show signs of a backlash from law firms as banks place increasing demands on panel candidates at the same time as driving down costs. In October, The Royal Bank of Scotland (RBS) announced the results of its long-running panel review. By reducing …
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At press time, partners at SNR Denton, Salans and Canadian firm Fraser Milner Casgrain (FMC) were poised to vote through a $1bn, three-way merger using a Swiss Verein model. A source within SNR Denton said that the union was basically a ‘done deal’ with partners from all firms having met on 13 November to review …
Continue reading “Landmark three-way merger aims to end Dentons’ Europe woes”
