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Law firms are still battling for private credit talent

Professional Services Correspondent

Ropes & Gray has hired private credit specialist Benoit Lavigne from rival US law firm King & Spalding in London.

Lavigne’s hire is the latest evidence of major law firms looking to bulk up their private credit teams to get a larger piece of the growing asset class.

Ropes & Gray hires private credit partner in London amid sector gold rush

James Booth

Ares Management

Books and Literature

Investing

Why StanChart wants private markets deals

Julius Baer CEO Stefan Bollinger: Cost cuts won’t be felt until 2026

Who are wealth management’s Rising Stars?

Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

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The UK lender has tapped a veteran dealmaker to head up a key area of growth

Wells Fargo booked a bigger profit in the first quarter, which ended just before President Trump’s tariffs set off market turmoil.

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

By Emily Glazer, Josh Dawsey and C. Ryan Barber

Latham & Watkins, Simpson Thacher Near Deals With White House

Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

By Annie Linskey, Josh Dawsey and Meridith McGraw

Why Trump Blinked on Tariffs Just Hours After They Went Into Effect

Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

Amazon CEO Says Generative AI Will Reinvent Every Customer Experience

Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

Trump’s Tariff Pause ‘Welcome Reprieve’ For Global Economy, Canada PM Carney Says

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