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  • Fernando Torrente Daniella Zussa Florian Biesalski It was also an active month in France with the fallout from KWM taking centre stage. GOODWIN PROCTER was one to take advantage, recruiting private equity and funds partner Arnaud David, previously co-head of investment funds at the ailing firm. David brought with him a team of four associates. The firm also appointed Marie-Laure Bruneel to the partnership from De Pardieu Brocas Maffei. KWM also lost its other co-head of investment funds, Nathalie Duguay, who switched to WILLKIE FARR & GALLAGHER to join its fund formation and asset management team.
  • Strasser Capital has become the first in Europe to place a senior secured Climate Bond-certified green loan, opening a new market for financing sustainable projects.
  • Trump. Trump. Trump. The incessant repetition of his name is akin to the steady stamp of boots. For those who believe in the Donald, that stamp is sweet music. His supporters, and his growing team, are marching lock-step towards a better tomorrow. But for his detractors, the imagined effect is more akin to an unruly mob. The truth, as ever with this president, lies somewhere in between.
  • Many rumours and news reports have circulated in recent days about the State Administration of Foreign Exchange (Safe) putting a gag order on financial institutions by prohibiting them from attributing new capital control restrictions to the foreign exchange (forex) regulator, and publishing negative forecasts on the yuan's performance.
  • The financing for Bahrain's first ever liquefied natural gas (LNG) import terminal project has reached financial close, with further expansion planned. This stage of the project, which is also the Middle East's first LNG receiving and regasification terminal to be financed on a public-private partnership (PPP) basis, was done without a designated PPP law.
  • Considering the controversy surrounding Brexit, the escalating Italian banking crisis and the appointment of Donald Trump as the US' 45th president, it's no wonder coverage of the Greek debt crisis has taken a backseat.
  • Asset managers are struggling to find their way when it comes to the new rules
  • Italy's largest bank's sale of its asset management unit could spur copycat divestiture deals from more lenders keen to ride out the country's financial crisis.
  • Japanese corporates are making a comeback on the global M&A stage, but the government's crackdown on corporate governance irregularities has given inbound foreign direct investment (FDI) an indirect nudge.
  • Venezuela's latest sovereign bond issuance has left the market perplexed, with investors unsure of the rationale behind this transaction. Reports in the press point to $5 billion worth of 20-year bonds with a coupon of 6.5% - a far cry from the 20% normally commanded by investors buying debt from the troubled nation and from some of its state-run organisations. This issuance is also the first recorded sovereign deal in the Latin American country in over five years.