Canaccord Genuity to restructure its UK-based capital markets business – Reuters

(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…

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Corporate insolvency: court opens insolvency proceedings against Gerry Weber – The Global Domains News

The district court of Bielefeld opened today for the fashion company Gerry Weber into an insolvency process. The Board informed. The court is the application of the chain to a procedure in self-administration of 25. January followed. in contrast to regular bankruptcy proceedings, determine the proceedings in ownership, the company itself will continue its course.…

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Perella Hires Two Top Goldman Restructuring Bankers – Bloomberg

SHARE THIS ARTICLE Photographer: Simon Dawson/Bloomberg Photographer: Simon Dawson/Bloomberg Perella Weinberg Partners LP is hiring Clinton Ray and Guy Morgan from Goldman Sachs Group Inc. to expand its European restructuring business, according to people familiar with the matter. The bankers will join the firm in London in June to advise new and existing clients on…

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Ex-boss of RBS restructuring unit criticised over new role – Telegraph.co.uk

An MP has launched a scathing attack on the former boss of RBSs scandal-hit turnaround unit GRG, after finding out that he advises the standards organisation for restructuring practices. Derek Sach, who left RBS in 2015, chairs the International Association of Restructuring, Insolvency & Bankruptcy Professionals (Insol) lenders group and is named on the organisations…

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Canaccord Genuity to restructure its UK-based capital markets business – euronews

(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…

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Canaccord Genuity to restructure its UK-based capital markets business – Reuters UK

(Reuters) – Canaccord Genuity Group Inc on Sunday said it will restructure its capital markets business in the United Kingdom, with uncertainty looming over the country as it prepares to exit from the European Union. The financial services company said the move is expected to result in significant job cuts in its London-based capital markets…

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Operational creditors face Shakespearean dilemma in Essar Steel insolvency – Business Standard

The operational creditors of steel companies face a Shakespearean dilemma. Though they wish to speak out against the problems at hand due to delayed payments of dues from companies undergoing the Corporate Insolvency Resolution Process (CIRP), they fear retribution from the committee of creditors (CoC) and the new management which would take over. These…

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