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Clifford Chance partners to take home £2m as firm eyes more US growth

Professional Services Correspondent

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Clifford Chance partners are set to take home an average of just over £2m as the Magic Circle law firm hits £2.3bn in revenue.

Average profit per equity partner was £2.04m for the year ended 30 April, marginally up on the £2m it posted in the previous two years.

Partner profit inches up at Magic Circle law firm amid investment drive

James Booth

Finance

Investing

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Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

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The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

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Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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XFDdi8VQvnLc6c0gUkwjp/mECJiNqSOb1I+oCL+ZFj3lr1nvIIpedwOtZLG695yDcWKPC2mDiCz+Y7zuzkDktftztgVxX4puSWqfTRim1Gj5PzQspN1Y5bwyFjy7LkrFQwiGq51bi51RyOf8I2VjZPLnYh+eE/1vapa/MGs3MjMhKfoRpZbKgDFnwXkK5zwS4yA5WdxloRQVzN31o0SdORZOlnu9tEuTHmIwytJW2MGuhefEqvdo/lnKUqVHhEKDw+jrSJgveZiFW/my60gxLZcKrHS3fCky2sQGIjA64peaw7sSqibV3NgPE5bckc9Pl4JFhOs5/dqA0ZEnk3678wHetb7FTObTW5H+Bb0AMbPWIvuUz/ko/xukXBHD+EtzK+Ky6t9v

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