Following the recent blow of a nine-lawyer team walkout from Ashurst’s US offices, the Anglo-Australian firm has hired former managing director at UBS Securities Eric Bothwell to boost the firm’s New York-based collateralised loan obligation (CLO) practice.
‘It has certainly shown its teeth’: Fraud specialists fear SFO budget cuts put agency’s progress at risk
The Serious Fraud Office’s (SFO) annual report has shown improvements on last year, both in its levels of activity and the number of convictions achieved but white collar crime specialists are worried that planned budget cuts of 34% will ‘put that progress at risk.’.
‘A broad-based City professional services firm’: RPC breaks into insurance and financial consulting with software business buy
In a move to widen it offering to its insurance clients, RPC’s consulting arm has branched out from a legal and management focus and into insurance and financial consultancy work with the purchase of UK-based software business Marriott Sinclair.
KWM hires Nabarro’s former head of financial services regulation to support real estate and PE push
In a ‘sign to the market of our commitment to grow our private equity practice’, King & Wood Mallesons (KWM) has rehired Adrian Brown from Nabarro, where he formerly led the firm’s financial services regulation group after having joined from SJ Berwin in 2010.
‘We haven’t turned ourselves into a boutique’ – Ashurst’s head talks strategy, Bain and pushing energy and finance
After having brought in Bain & Co last year to advise on the firm’s strategy, Ashurst’s chairman and New Zealand-born litigator Ben Tidswell (pictured) talks to Legal Business about the firm’s new direction and its renewed focus on financial institutions, energy and infrastructure, and the Asia-Pacific.
UK to strengthen global grip on financial disputes with autumn launch of specialist banking court
Given that it has long been a part of the sales pitch for English courts that they have the specialist judges to handle complex commercial matters – and London’s status as one of the world’s leading finance centres – it’s strange that it has taken this long. But it has been confirmed this week that the UK is to create a financial court to handle major banking disputes at The Rolls Building in London.
Budget 2015: Banks off the leash as Osborne clamps down on non-doms
With inevitable consequences for City Law, UK Chancellor George Osborne yesterday (8 July) pushed back the date the country will rebalance its books, ditched the bank levy and tinkered with the fiercely-criticised non-dom status.
Continue reading “Budget 2015: Banks off the leash as Osborne clamps down on non-doms”
Team exit for Ashurst in US gifts Paul Hastings added finance strength in New York and DC
A nine-lawyer team will be leaving the US offices of Ashurst, including its US managing partner, to join Paul Hastings as it expands its structured finance team.
Further legal exits for Barclays as corporate banking GC departs for Lloyds
Just a day after Lloyds Banking Group announced the hire of Linklaters’ managing partner Simon Davies, the bank has also hired Barclays’ global head of legal for corporate banking, Joanna Carver.
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KWM seeks to rebuild City private equity practice with Fried Frank hire
After suffering a series of raids on its renowned City private equity practice, including the announced departure of partner Simon Fulbrook earlier today (1 July), King & Wood Mallesons (KWM) has sought to rebuild its flagship group with the hire of Laura Brunnen from Fried, Frank, Harris, Shriver & Jacobson.
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