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...Paul Weiss also hired Morgan Stanley’s M&A chair Rob Kindler in June. The firm has a relatively small presence in London, employing more than 30 lawyers, according to its website....
...A draft decision is expected in June. Thames Water said: “Thames Water Utilities Limited is in a solid financial position and has supportive shareholders.” Ofwat declined to comment....
...While investors’ expectations for the timing of a first cut have already drifted out towards June, Mester is the first member occupying the committee’s centre ground to rule out a move until June so explicitly...
...The Cleveland branch of the US Federal Reserve has launched a search for its next president ahead of Loretta Mester’s planned retirement in June 2024....
...Loretta Mester, president of the Cleveland Fed and a voting member on the Federal Open Market Committee next year, pushed back on expectations that the central bank will abruptly pivot towards lowering borrowing...
...Job moves Former Bank of Ireland chief executive Francesca McDonagh is leaving her role at Credit Suisse in one of the biggest departures since UBS completed the takeover of its ailing rival in June....
...year to adjust policy fast enough to catch up with inflation, the Federal Open Market Committee is poised at its final gathering of 2022 to end a string of 0.75 percentage point rate rises that began in June...
...Mester, who has a reputation as a hawk but who this week did not rule out a June rate cut....
...While most firms boast about their love for the partnership model, they often get frustrated with the dysfunctionality of decision making,” Allan Koltin, an accounting sector M&A adviser, told the FT in June...
...By comparison, Kirkland & Ellis in the US alone reported $6.5bn in the same period....
...rise at its next meeting in June....
...He has only been in that job in London since June, having been hired from Paul Weiss, where he had worked for 18 years....
...A resolution has been delayed several times since the case began in June 2022....
...Economic data: Applications for new unemployment aid in the week ended June 17 are forecast to have decreased to a reading of 258,000 claims, from 262,000 in the previous week....
...Kingswood, the family argued, had never flagged SSI’s debt treatment before the June post-closing submission....
...Reserve Bank of Cleveland president Loretta Mester, Federal Reserve Bank of Boston president Susan Collins and the Federal Reserve Bank of San Francisco president Mary Daly all appear at public events today...
...That was more than the 170,000 expected by economists polled by Reuters, but payrolls for June and July were revised lower by a combined 110,000....
...Joshua SussbergPartnerKirkland & Ellis As a senior partner at Kirkland & Ellis’s restructuring practice, Joshua Sussberg is established as one of the most high-profile advisers in the field of bankruptcy...
...Cleveland Fed president Loretta Mester told the Financial Times earlier this week that there was “no compelling reason to pause”....
...Morgan Stanley is making plans to eliminate another 3,000 jobs by the end of June, as the Wall Street bank hunkers down to survive an extended slump in dealmaking....
...Kirkland & Ellis is opening a new office in Riyadh, Saudi Arabia led by corporate partner Kamran Bajwa....
...China’s economy teetered on the brink of deflation in June, adding to calls for Beijing to launch a stronger stimulus package to sustain the country’s stuttering post-Covid recovery....
...Janet Yellen, Treasury secretary, has warned the federal government will run out of money on June 5 if the debt ceiling is not raised in time....
...Restructuring experts from Akin Gump Strauss Hauer & Feld were hired by Celsius Network in June, only to be replaced within the month by rivals Kirkland & Ellis after the exchange filed for Chapter 11 in...
...Commended Cleary Gottlieb Steen & HamiltonO: 7; L: 8; I: 6; Total: 21The firm launched ClearyX, its alternative legal services offering, in June 2022....
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