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  • If an investment bank facilitates the meeting of a fund manager and a company it is possibly interested in investing in, should the investment bank be paid for that? And who should pay for it, the company receiving the investment, the fund manager doing the investing, or the client whose money is being invested? What about if the bank isn't really involved in the meeting – it's just arranging the logistics and maybe booking a taxi? Is that different from a full-fledged tour of the farm? And how much should it cost?
  • In many cases, what's ethical isn't economically viable – the opposite rings true as well. But sometimes it's in the economic interest of everyone involved to act ethically and take the road less travelled. And it would appear that when fossil fuels are involved, this is more pertinent in Norway and the Netherlands than in the US.
  • On March 24, China's biggest operator of dairy farms, Huishan, saw its Hong Kong Stock Exchange-traded shares tumble by more than 990%, triggering an immediate delisting.
  • Meredith Mackey Headlining US news has been the relocation of three different teams.
  • Two major credit rating agencies have downgraded South Africa's debt to junk status, triggering fears of a capital flight and sending borrowing costs spiralling for the continent's most developed nation. More agencies could go down the same route in the next few weeks.
  • Xiao Yong Rose Zhu In Australia, former Allens chief executive partner Michael Rose, started a new Sydney-based role as special adviser with KPMG, providing the firm's leadership teams with insights supporting growth initiatives. MINTERELLISON bolstered its M&A practice by bringing in Perth-based partner, Paul Shillington, who was previously chief legal officer and corporate secretary at Geneva-based Oryx Petroleum, and PINSENT MASONS launched its flexible lawyering service–a disruptive innovation in the form of alternative legal services – Vario in Australia, its first move outside the UK.
  • Technology for technology’s sake won’t help address the current business puzzles financial institutions face, nor will it solve regulatory challenges in the EU
  • The process for restructuring a business in distress used to be driven by the extent of the company’s legal obligations. However, recent history has shown the growth of tensions between legal and actual liabilities
  • A new avenue has been opened up for Indian issuers to raise rupee-denominated bonds from the international debt capital markets
  • Sponsored by White & Case
    Because of the similarities they share with conventional bonds, sukuk may be a solution to help finance green infrastructure and climate-related initiatives. But some obstacles remain