Hints and tips:
UBS chair and HSBC chief join Wall Street bankers in questioning US proposals to implement Basel III rules
Findings over failings at Swiss bank related to dealings with family office set to be published soon by global regulators
...Marc FilippinoThat’s the FT’s European banking correspondent, Owen Walker....
Organisations turn to ransomware negotiators to help deal with a surge in attacks
...Some of the largest bondholders have joined forces under the wing of Cleary Gottlieb, the New York law firm, and restructuring expert Mark Walker to form a group holding more than $8bn of the country’s debt...
...But the group, which is led by law firm Cleary Gottlieb and veteran restructuring adviser Mark Walker of Guggenheim Securities, said money lent to Venezuela by the Chinese and Russian governments should...
...“I don’t really see the Treasury allowing the 2020 bondholders to enforce their claim,” said Richard Cooper, a lawyer at Cleary Gottlieb who advises the bondholder group alongside Mark Walker at Guggenheim...
...As recently as December, advisor Mark Walker published a paper echoing similar worries....
...A big bondholder group advised by Mark Walker at Guggenheim Securities and law firm Cleary Gottlieb has reached out to the Treasury department and are waiting to hear back....
...colby.smith@ft.com...
...Documents underpinning a loan to ailing PetSmart, which sells food and other products for household animals, allowed its private equity backers, BC Partners, nearly “unlimited flexibility”, according to Ian Walker...
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