Bumpy ride expected as Libor reaches end of road
Heavy reliance on contractual fallbacks leaves market facing series of post-cessation risks
Source: risk.net
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Pension funds may sue managers 'for making hedging a liability'
Finger of blame for LDI crisis is also being pointed at fiduciaries and even the schemes themselves
Source: risk.net
Revolving doors: Kennedys expands Down Under as WFW hires in Italy
In another hectic week of lateral partner recruitment, Kennedys has launched a new Perth office via a team hire while others have expanded globally.
Source: legalbusiness.co.uk