Clifford Chance News

12.09 / 21:59

CBDC Adoption Central Bank BIS retail CBDC Israel, Hong Kong complete retail CBDC test emphasizing privacy, inclusivity

The Bank for International Settlements and the central banks of Hong Kong and Israel released the results of Project Sela on Sept. 12. The project was a public-private partnership that used private intermediaries to create a retail central bank digital currency (rCBDC) combining the desirable characteristics of cash and the advantages of digitalization.

20.11 / 00:47

UPS CEO security Bloomer International boating yachting Morning Coffee: Morgan Stanley's London chairman missing after freak sinking. Barclays under pressure to cut salaries

Jonathan Bloomer wasn't a chairman of Morgan Stanley International in the investment banking sense of the word. He was a chairman of Morgan Stanley International in the standard sense of the word: Bloomer has chaired Morgan Stanley's London board of directors since 2016 as part of a portfolio of non-executive director roles. Now, Morgan Stanley may sadly need to find someone else.

20.08 / 16:53

Bill Bloomer Diversity social reports International yachting Jonathan Bloomer and others missing after superyacht Bayesian sinks in storm off Sicily

Jonathan Bloomer, Chairman of Morgan Stanley International, is reported missing following the sinking of the superyacht Bayesian. Also missing are Mike Lynch, the yacht's owner, his 18-year-old daughter Hannah, and Chris Morvillo, a lawyer at Clifford Chance. Italian authorities confirm their disappearance, as reported by The Times. The Bayesian, a 56-meter superyacht, sank early Monday morning off the coast of Sicily. The vessel, which had been anchored near Porticello, was struck by a tornado. Initial assessments suggest that the yacht's large aluminum mast may have contributed to its instability and subsequent sinking, as per the reports of Yahoo news.

19.07 / 12:29

Clifford Chance partner profit flat at £2m amid ‘inflationary pressure’

Clifford Chance's revenue has passed £2bn, but average profit per equity partner has flatlined at £2m in the face of tough market conditions.

17.07 / 23:45

Strategy Clifford Chance boss reveals new strategy in profit push

Clifford Chance’s managing partner Charles Adams has unveiled his first strategy for the firm since taking the top job in 2022.

03.05 / 15:11

UPS Lawyer boost Allen & Overy Allen & Overy, Linklaters boost newly qualified lawyer pay to £125,000

Allen & Overy and Linklaters have upped pay for their newly qualified lawyers to £125,000.

01.05 / 21:43

Stablecoin regulation UK government Framework regulatory Industry heavyweights respond to UK’s crypto asset regulatory framework proposal

The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February, drew detailed responses from a variety of cryptocurrency industry players.

28.04 / 12:11

UBS SVB Moelis Returns Trading Places: UBS risk officer returns, Clifford Chance, A&O promotions, Moelis swoops on SVB

UBS chief risk officer Christian Bluhm reversed his decision to leave the Swiss bank as it prepares to merge with its cross-town rival Credit Suisse. Bluhm will remain in his role and on UBS's group executive board for the "foreseeable future".

27.04 / 09:31

Clifford Chance promotes 32 to partner — here are the names

Clifford Chance has promoted 32 lawyers to its partnership worldwide.

04.04 / 10:37

Provident Digital Strategy UAE central bank selects technology and legal partners for CBDC project

The first phase of the strategy, which is expected to take place over the next 12 to 15 months, comprises three primary pillars. These include initiating real-value cross-border CBDC transactions for international trade settlement, proof-of-concept work for bilateral CBDC bridges with India, and finally, proof-of-concept work for domestic CBDC issuance covering wholesale and retail usage.

07.03 / 03:55

UPS Digital Magic Circle law firms beef up crypto teams: ‘Everyone wants a piece of it’

“I almost never wear a tie,” says Diego Ballon Ossio, an associate at Clifford Chance covering crypto. “I wear sneakers to the office whenever I can. And I get away with it.”

17.01 / 12:21

UPS Clifford Chance’s top earner paid £4.9m in 2022

Clifford Chance’s best-paid partner took home £4.9m last financial year as the legal giant delivered record financial performance.

09.01 / 12:19

UPS Citi Remark City firms turn up the heat on clients with weak climate change policies

Two years ago, the senior partner of Clifford Chance, the largest UK law firm, made a remarkable statement.

06.12 / 12:35

Clifford Chance appoints new senior partner after contested election

Clifford Chance has elected London capital markets partner Adrian Cartwright as its new senior partner.

11.11 / 15:19

Citi Racing Trading Places: Numis and Liberum bolster headcount, Clifford Chance starts leadership race

Numis hired a senior dealmaker to bolster its investment bank in London, a decade after she left the industry. The investment bank, which has traditionally focused on the City of London, has hired Melanie Saluja as a managing director within its dealmaking team.

07.11 / 05:05

Racing Clifford Chance senior partner election kicks off with three in the race

Clifford Chance is set for a management election after two candidates stepped forward to challenge senior partner Jeroen Ouwehand for the role.

18.10 / 23:21

Kirklands Kirkland poaches Clifford Chance London M&A partner as infrastructure push continues

Kirkland & Ellis poached Clifford Chance’s infrastructure co-head in London as it builds out a team in the sector in Europe.

17.10 / 13:45

Kirklands Kirkland poaches Clifford Chance London M&A partner as infrastructure push continues

Kirkland & Ellis poached Clifford Chance’s infrastructure co-head in London as it builds out a team in the sector in Europe.

23.09 / 23:02

Kirklands Kirkland & Ellis hits Clifford Chance for London finance partner hire

Kirkland & Ellis hired finance partner James Boswell from Clifford Chance in its second poach of a Magic Circle partner this week.

22.09 / 18:17

Kirklands Kirkland & Ellis hits Clifford Chance for London finance partner hire

Kirkland & Ellis hired finance partner James Boswell from Clifford Chance in its second poach of a Magic Circle partner this week.

12.07 / 14:20

Clifford Chance appoints female finance and corporate heads in leadership shake-up

Magic Circle law firm Clifford Chance appointed female corporate and finance heads as the firm’s new managing partner shuffles his top team.

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