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Shearman partner leaves firm ahead of Allen & Overy merger

Professional Services Correspondent

Shearman & Sterling partner James Duncan has quit the US law firm to join Freshfields Bruckhaus Deringer in London.

Derivatives partner Duncan’s exit comes against the backdrop of Shearman’s potential merger with Allen & Overy, a rival of Freshfields within the Magic Circle.

Shearman & Sterling partner exits for Freshfields in London

James Booth

Europe

London

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C-Suite

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Alain Courbebaisse will take on role in the new year

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

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Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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