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  • Debevoise & Plimpton is advising The Hartford Financial Services Group in its $500 million SEC-registered debt offering.
  • Cleary Gottlieb Steen & Hamilton is representing Honeywell International in its $1.5 billion SEC-registered debt offering.
  • Latham & Watkins has appointed Howard Rosenblatt as the new managing partner of its Brussels office. He succeeds Andreas Weitbrecht who served in that position since the office's opening in 2002. Rosenblatt is a highly regarded competition partner with more than 20 years' experience advising on complex merger clearances, cartel investigations, alleged abuses of dominance and all other aspects of EC competition law.
  • Hunton & Williams has recruited a new head of banking and finance.
  • Paul Hastings has recruited four projects lawyers to join its Paris office.
  • After years of large state-owned enterprises monopolising the Shanghai exchange, China is to launch an equity market for smaller companies. But it's unlikely to impact international counsel
  • The International Swaps and Derivatives Association has launched a new template for credit default swaps referencing the iTraxx(R) LevX(R) index.
  • The UK Financial Services Authority's new prudential risk unit is welcome, but counsel wonder why it has taken so long
  • As investors shun asset-backed securitisation, banks are using unwanted mortgages as security for covered bonds. And thanks to a new regime introduced in the UK last week, banks could find these instruments attract even more investors
  • Clifford Chance has advised on the largest Islamic financing of land in the UK.