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  • Shearman & Sterling has finalized the $440 million financing of a third international passenger terminal at Manila's Ninoy Aquino International Airport.
  • "The terrorists went after Wall Street, so why not use Wall Street to go after them?"
  • Credit Suisse First Boston (CSFB) has appointed Gary Lynch, a partner at Davis Polk & Wardwell and former head of the SEC's enforcement division, as its new global general counsel.
  • Milbank Tweed Hadley & McCloy has represented the lenders on the $262.5 million financing of the Salalah privatization and power project in Oman.
  • Sidley Austin Brown & Wood has closed two mortgage-backed deals totalling $3.4 billion. The US firm's London office advised Morgan Stanley & Co International (MSIL) on three UK and Irish deals and is on the brink of closing another deal for UK bank Northern Rock.
  • Dozens of companies have taken advantage of temporary trading rules, introduced after the terrorist attacks on the US, to buy back their own shares.
  • Milbank, Tweed, Hadley & McCloy has named Anthony Root as managing partner of its Hong Kong office. Root succeeds Douglas Tanner, who has relocated to Palo Alto, California, to head Milbank's new Silicon Valley office.
  • The Brazilian senate has approved legislation to protect minority shareholders. The Corporations Law Reform Bill, which was passed on September 20, will also grant the country's securities and exchange commission, the CVM, increased independence from the government.
  • Mayer, Brown & Platt is set poach three partners from its German rivals, after taking its new banking and finance head from Clifford Chance Pünder.
  • On August 16 2001 the Finnish Financial Supervision Authority (FSA), the authority supervising the Finnish securities market, issued an official statement regarding the use of agents in offering banking and investment services. The FSA has reviewed its views on the outsourcing of certain operations of investment firms and credit institutions. This statement replaces a previous statement issued in February 1999.