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  • Foreign financial institutions in the PRC By Brian Wallace Semkow
  • Commerzbank is the first big European bank to set up an asset management group in Italy under new rules adopted in 1998. Gianluca Santilli and Andrea Marino of Santilli e Associati are advising the bank and describe the structure
  • Wal-Mart, the world’s largest retailer, has bid £6.7 billion ($10.8 billion) in cash for UK supermarket chain Asda.
  • The London office of US firm Weil Gotshal & Manges has recruited partner Bruce Johnston from UK firm Wilde Sapte to boost its project finance capability.
  • Clifford Chance is under investigation in Hong Kong after charging HK$18.7 million ($2.4 million) for its role in the winding up of Peregrine.
  • Novelties in the regulations on offering circulars for listing of securities
  • At the start of May, the Commission adopted a communication setting out a series of initiatives designed to enable supplementary pension schemes to benefit from the single market and the euro.
  • Electronic platform for Dutch government bonds
  • Will an annual risk assessment audit become essential for a listed company? Eversheds partners Robin Johnson and Jonathan Sinclair argue that the Turnbull report* will create such a role for lawyers
  • US holding company Georgia-Pacific is acquiring North America’s largest paper distributing and marketing company, Unisource