Barclays Capital has kicked off a review of its legal advisers in the US, marking the first time the group has overhauled its panel since its acquisition of Lehman Brothers' US investment banking operations. The review, which is being led out of New York by Americas general counsel Michael Crowl, is believed to be part of a bid to reduce the number of external counsel after the bank's $1.75bn (£950m) acquisition of Lehman Brothers' North American investment banking and capital markets business in 2008.
October 13, 2010 at 07:25 PM
1 minute read
The original version of this story was published on Legalweek
BarCap begins first legal review since $1.75bn Lehman acquisition
Barclays Capital has kicked off a review of its legal advisers in the US, marking the first time the group has overhauled its panel since its acquisition of Lehman Brothers’ US investment banking operations.
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