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  • Peter H Bresnan has left his post as the deputy director of the SEC's division of enforcement to join Simpson Thacher & Bartlett.
  • While the debt capital markets have come to a standstill, convertible bonds have been making a resurgence. A record $170 billion of convertibles have been issued this year, according to Deologic, the data provider
  • As investors and banks shy away from mortgage-backed securitisation, a new player is set to step into the ring
  • The UK chancellor has rejected Italian plans for the EU to centralise all the supervision of European banks. But many fear that centralised regulation could still become a reality
  • Bank of Cyprus has expanded its Ukraine business by acquiring 95% of Ukrainian bank AvtoZAZBank for €52 million ($76.3 million).
  • Mozambique has secured $800 million to buy a controlling stake in a power station.
  • Appleby has named a new partner to its corporate and commercial group at the firm's Hong Kong office.
  • Slaughter and May represented automotive component supplier, Honsel, in the financing of the Tafime Group acquisition.
  • Freshfields Bruckhaus Deringer demonstrated its hopes for structured finance this week, promoting Andrew Heathcote and Richard Parsons to counsel.
  • White & Case has opened an office in Abu Dhabi.