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Simpson Thacher, HSF to launch Luxembourg offices in private capital push

Professional Services Correspondent

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Simpson Thacher & Bartlett and Herbert Smith Freehills are both planning to launch Luxembourg offices to capitalise on private funds work.

US law firm Simpson Thacher said on 27 November that it had hired three partners for the launch, which would take place in the first quarter of 2025.

Luxembourg is a key European centre for funds work

James Booth

Investing

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Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

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https://images.fnlondon.com/im-329118?size=1.5

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

Sidley Austin hires eighth Latham & Watkins partner in London

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Sidley has taken at least 18 lawyers from its US law firm rival in London

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

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Activist Investor Palliser Capital Widens Call for Review of Rio Tinto’s Dual-Listing Status

In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

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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