June 18, 2014 | International Edition
Bank of America instructs Shearman & Sterling disputes head for forex lawsuitShearman & Sterling has landed a major advisory role for Bank of America, on a sprawling US lawsuit that accuses a raft of banks of rigging rates in the £3 trillion-a-day foreign exchange market.
By Alex Newman
5 minute read
June 17, 2014 | International Edition
Bank of England's legal spend balloons to highest level since 2009The Bank of England more than doubled its external legal spend in 2013-14 to £5m, the first increase since 2008-09 and the peak of the banking fallout from the financial crisis.
By Alex Newman
3 minute read
June 16, 2014 | International Edition
Latham & Watkins hires environment partner from MacfarlanesLatham & Watkins is to launch a London environment practice with the recruitment of Macfarlanes partner Paul Davies, the latest in a stream of lateral hires in the City.
By Alex Newman
2 minute read
June 13, 2014 | International Edition
'The idea of the national US firm is under strain' – Dentons sets out American merger strategyWith the candle on Dentons' one year post-merger birthday cake now blown out, senior management at the firm are focusing squarely on the next priority: the US.
By Alex Newman
4 minute read
June 11, 2014 | International Edition
Sandy Thomas fends off challenger to retain Reed Smith global MP roleAlexander "Sandy" Thomas has been re-appointed as Reed Smith's global managing partner, following a challenge to his leadership from John Martini.
By Alex Newman
2 minute read
June 11, 2014 | International Edition
Dentons to stop reporting 'meaningless' PEP figureDentons has opted to stop reporting average profits per equity partner, citing the metric as "meaningless" for a global firm, and claiming it could be potentially damaging to client relations.
By Alex Newman
4 minute read
June 10, 2014 | International Edition
Stacey becomes latest Ashurst corporate exit with move to Gibson DunnGibson Dunn & Crutcher has hired its second corporate partner from Ashurst in as many months, with Nigel Stacey set to join the US firm in London.
By Alex Newman
2 minute read
June 10, 2014 | International Edition
Giving the green light – GC Euan McVicar on the Green Investment Bank's story so farDespite being the general counsel of a London-based investment bank, Euan McVicar's most pressing concerns aren't quite the same as his City peers'.
By Alex Newman
10 minute read
June 10, 2014 | International Edition
Dechert launches German life sciences practice with WilmerHale hireDechert has launched a life sciences practice in Frankfurt with the hire of WilmerHale's former corproate head Ruediger Herrmann.
By Alex Newman
2 minute read
June 09, 2014 | International Edition
Covington, Skadden, Clifford Chance and Pinsents pick up roles on AA IPOA quartet of law firms have landed mandates on roadside recovery group AA's accelerated initial public offering on the London Stock Exchange.
By Alex Newman
3 minute read
Trending Stories