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  • Asia's bankers' counsel are unhappy with the standard of diligence on IPOs. There must be public filings, litigation or greater regulation, or this could cause the next crisis
  • Martin Goldberg compares London to New York, BarCap to Lehman
  • Derivatives could be used to fund acquisitions of strategic stakes in India, which is planning to switch to physical settlement of equity derivatives. But RBI rules would mean only hedge funds could participate
  • Peter Castellon has left Baker & McKenzie in London to rejoin Citigroup.
  • Cravath Swaine & Moore is representing IBM on the purchase of National Interest Security Company (NISC), a defence, healthcare, energy, logistics and security company
  • The US Department of Justice (DOJ) has cleared Ticketmaster and Live Nation’s merger after almost a year of investigation
  • The nominations for this year’s IFLR Europe awards have been announced. Here are the deal and team of the year shortlists
  • Obama’s proposal to ban banks from housing private equity or hedge fund functions has created confusion among US lawyers. Read their reactions here
  • A lesson from a Hong Kong-based in-house lawyer on what sponsors should do when they suspect a listing company could be falsifying information
  • EU proposals to introduce price disclosure for dark pool trades destroy their purpose and would put an end to anonymous block trades