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The Magic Circle law firm has added five structured finance lawyers in London

Professional Services Correspondent

Allen & Overy has hired five structured finance lawyers from US law firm Milbank in London.

The hires come ahead of the Magic Circle law firm’s merger with New York law firm Shearman & Sterling, which is set to complete in May.

Allen & Overy hires London finance team from US rival ahead of Shearman merger

James Booth

Investing

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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