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  • Fleet Financial has announced its $16 billion takeover of BankBoston, in a move which will create the eighth largest bank in the US by assets and dominate the New England region.
  • With its first mortgage bond bank due to start trading, Luxembourg is aiming to create an international market for mortgage-backed securities. Henri Wagner, partner at Beghin Nothar Feider Loeff Claeys Verbeke, Luxembourg reviews the legislation which will govern the new banks
  • Firms are snapping at the heels of Clifford Chance following the loss of securitization head Robert Palache in September. Rob Mannix assesses the leading firms in one of the most lucrative legal markets
  • Despite political opposition, draft legislation is being prepared to allow for expanded foreign investments in electricity generation and transmission. Alexis Rovzar, Susan Grisso de Ortega and Matthew Wilhoit of White & Case, LLP, Mexico City review the proposals
  • The downturn in emerging markets has seen counterparties resort to preemptive strikes against banks. Christopher Style and Stuart Dutson of Linklaters & Alliance, London explain how to reduce the risks of litigation on derivatives sales
  • Disclosing companies' corporate governance measures
  • Shareholder loans to a company
  • Unfair consumer contracts regulated
  • US energy company SCANA is to acquire the Public Service Company of North Carolina (PSCN) for $900 million including the assumption of debt.
  • Dutch insurer Aegon has announced its intention to buy US rival Transamerica in a deal valued at $9.7 billion.