Hints and tips:
...White & Case has added Gregory Pesce as a partner in its restructuring practice. He joins the Chicago office from Kirkland & Ellis....
...Is America heading for a V-shaped economic trajectory after the Covid-19 shock? Or does a U, W — or dreaded L — shape loom instead?...
...vote of no confidence from the bond market in the idea of a V shaped economic recovery....
...Ashtead, a £6bn company, is down by a fifth with no news on the tape other than Bank of America repeating “buy” advice....
...We think the revenue growth outlook for Europe is as bad as the GFC, N. America could fare slightly better. Preference for FCF, superior ROIC in challenging macro. CRH joins LHN and KSP at Overweight....
...It currently ranks among the largest in that segment, alongside UBS and Bank of America Merrill Lynch....
...Since Tuesday, he has made the journey each morning from a detention centre in Alexandria, Virginia, to the nearby Albert V Bryan Courthouse, where he is on trial for tax and bank fraud....
...EU v Poland latest Brussels has opened a new front in its battle with Warsaw, launching infringement proceedings related to the country's contested supreme court overhaul (FT)....
...(FT) Banking with Amazon Amazon is discussing a potential partnership to offer its customers bank accounts through JPMorgan Chase, in a deal that could unite America’s largest bank with its biggest ecommerce...
...fleeting opportunity to create an inclusive future America v China: How trade wars become real wars The world’s two largest economies are sliding towards confrontation FT Alphaville: Embracing waterfront...
...Deutsche Bank analysts had been hoping 4 nearer 4. Unilever said performance had been adversely affected by poorer weather in Europe and natural disasters in the Americas....
...Warren Estey will leave his role as co-head of US equity capital markets to become the bank’s head of Americas natural resources....
...The lead arrangers on the RCF signed this week were ABN AMRO, Crédit Agricole, Credit Suisse, DBS Bank Ltd, ING Bank N.V., Natixis, Rabobank, Société Générale, UBS and UniCredit....
...McDermott Will & Emery hired Joshua Samis, a private equity lawyer, to join its corporate and transactional practice in Chicago. Samis joins as a partner from Kirkland & Ellis....
...If anybody had any doubt about how serious HMRC take these matters they need only examine the cases of R v Dimsey and R v Allen in 1999....
...Some secondary investors will be pleased to have the chance of buying shares in a fly ‘n’ flop holidays group still run by founder Simon Cooper....
...The directors and one investment bank, Moelis, settled before a trial. But another bank, Royal Bank of Canada, contested the charges in court and winded up losing....
...The syndicate member closest to today’s defrothed price, according to the National Audit Office, was Bank of America Merrill Lynch....
...Last year, Mr Rosenthal played a lead role in the restructuring of Arcapita Bank, the first sharia-compliant institution and Gulf company to emerge from a US bankruptcy....
...commissioned from the artist Joseph Gandy a bird’s-eye painting which depicted the bank as a future wreck....
...See NML v. Argentina, 2013 WL 4487563 at n.13....
...(Financial Times) Sweden’s Hakon Invest is acquiring the 60 per cent of shares it doesn’t own in Nordic food retailer ICA AB for 20 billion Swedish kronor ($3.1 billion) from Royal Ahold N.V....
...Masterpieces of Chinese Painting: 700-1900, edited by Zhang Hongxing, V&A Publishing, RRP£40/$60 The world’s oldest painting tradition explored in the glorious catalogue to the V&A’s current, once-in-a-lifetime...
...As much a metaphor for bloated, consumerist America as it is a very good tale....
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