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  • Commerzbank moves into Italian asset management
    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
    June 30 1999
  • Spain
    New regulations on foreign investment
    June 30 1999
  • Continental firms merge
    Continental firms Beiten Burkhardt Mittl & Wegener (Germany), Moquet Borde & Associés (France), Pavia e Ansaldo (Italy) and Meyer Lustenberger (Switzerland) have joined to form the partnership BBLP
    June 30 1999
  • Commission predicts further mergers in the financial sector
    At the start of June, the Commission published its Annual Report on Competition Policy
    June 30 1999
  • Commission outlines action plan for single financial market
    A series of policy objectives and specific measures to improve the single market for financial services over the next five years have been outlined in the Financial Services Action Plan adopted at the start of May by the European Commission
    June 30 1999
  • LTCB sells $11 billion loan portfolio
    Japan’s Long-Term Credit Bank (LTCB) is selling $11 billion-worth of loans to the GE Capital Corporation, a US financial services group
    June 30 1999
  • Belgian firms enter international arena
    Belgian firms are no longer content to remain isolated domestic practices. The merger of Liedekerke and Schlitz Linden highlights their international aspirations. Ben Maiden reports from Brussels
    June 30 1999
  • Inside-Curtis Mallet to open Stamford office
    US firm Curtis, Mallet-Prevost, Colt & Mosle is opening an office in Stamford, Connecticut. The firm hopes to build on its corporate and litigation work. George Kahale, firm managing partner, comments: “Stamford is a growing area with a lot of corporate activity, several firms have offices there.”
    May 31 1999
  • The Commission and the EBRD launch new financing facility for small and medium-sized enterprises in central and eastern Europe
    As part of their joint effort to support the development of small and medium-sized enterprises (SMEs) in central and eastern Europe, the European Commission and the European Bank for Reconstruction and Development (EBRD) have reached an agreement to establish a euro125 million SME Facility for the 10 central and eastern European countries that are candidates for European Union (EU) accession.
    May 31 1999
  • Vietnam shows new face to foreign investors
    After meetings with foreign investors, the Vietnamese government has introduced a series of measures to attract foreign capital. Tony Foster and Dang Duong Anh of Freshfields, Hanoi discuss the changes for new and existing investors
    May 31 1999
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