Goldman Sachs news

Targeting growth overseas has helped boost US firms' turnover during a difficult economic period. Deciding how best to tackle Hong Kong remains open for debate. Stephen Mulrenan re

Described as an English badge, the select few UK firms considered part of the so-called ‘magic circle’, have the found that the term isn’t quite the stamp of approval in Hong Kong as it is in London. Stephen Mulrenan finds out why.

Slaughter and May and DLA have landed roles on HSBC Insurance’s high profile purchase of a 10% stake in China-based Ping An Insurance for US$600m (HK$4,680m).

By defying the worldwide destruction of private wealth, Asia's super-rich are flying in the face of a global trend. Jeremy Torr reports.

On November 7 at the Ritz Carlton hotel, Asian Legal Business hosted itsinaugural awards ceremony to celebrate the achievements of law firms in theregion in 2002. We present this year's winners as well as some of theincriminating evidence from the evening.

Allen & Overy Hong Kong has advised Standard Chartered Bank in its capacity as security trustee and facility agent and Creditor Management Co.* on the HK$14.8 billion refinancing of the indebtedness of GH Water Supply (Holdings) Limited.

* M&As, IPOs, securitizations and other financing firsts * Worth over US$50bn in value * Involving more than 10 different jurisdictions * And more than 30 of Asia’s most reputable law firms

Clifford Chance has announced that David Wilson has rejoined the firm in Hong Kong. David, a Senior Associate, was most recently Executive Director and Legal Counsel of Goldman Sachs Australia.

The management committee at US firm Dewey Ballantine has been doing its best in recent weeks to contain a PR faux pas that has threatened at times to escalate out of control.

Morrison & Foerster has nabbed a senior structured finance lawyer from Nomura Securities in Tokyo, helping the US firm develop its asset backed financing practice.

Managing director of Goldman Sachs legal department in Japan, Naosuke Fujita, has resigned to team up with the Tokyo joint venture firm of Paul Hastings Janofsky & Walker.

Freehills and Mallesons Stephen Jaques have advised on what is the largest global offering to date in 2003, the A$2.5bn (US$1.25bn) float of financial services and general insurance company Promina Group Limited (Promina).

Sidley Austin Brown & Wood has added UK-law capability to its securitisation practice in Tokyo for the first time with the hire of Christopher Lewis from rival US firm Orrick Herrington & Sutcliffe.

After tough times, more optimism is pervading the capital markets scene. While firms focus more on debt than equity, more complex structures are expected

Continued sluggishness in the global economy in combination with weak equity prices has weighed down on FDI flows of late. But China, writes Stephen Mulrenan, is a different story

The ASX is experiencing a floating frenzy as companies rush to market to take advantage of improved investor sentiment. But how long will it last?

Allens Arthur Robinson has played down the loss of M&A practice head Tim Bednall, who left the firm last Friday to join Mallesons Stephen Jaques.

What were the top deals of 2003? ALB set itself the difficult task of singling out the 10 most innovative, groundbreaking and significant deals of the year in the Asia-Pacific region. And here's what we came up with ...

Australian Legal Business takes a look at the top deals of 2003 - and the lawyers who helped to make them happen

Sullivan & Cromwell is targeting further mandates in China with the appointment of Calvin Lai as special counsel and head of its Beijing office.