Herbert Smith, Freshfields Bruckhaus Deringer, Slaughter and May and Ashurst all won major roles on the £40bn nationalisation of B&B.
Herbert Smith advised longstanding client B&B, fielding a team under
Freshfields advised Bank of England on its role overseeing B&B, with partner Michael Raffan leading the team.
Ashurst advised Banco Santander-owned Abbey on its acquisition of B&B’s £20bn deposit business, which includes 200 branches.
As the banking crisis spread to continental
The firm is acting opposite Cleary Gottlieb Steen & Hamilton for Dexia, which is to receive a E6.4bn (£5.1bn) injection from the governments of
Linklaters took the lead for Fortis on its E11.2bn (£8.9bn) cash injection from the governments of
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