The magic circle firm, which is best known in Asia for its corporate, capital markets and projects work, has hired Kidd to join its Hong Kong base just weeks after recruiting Herbert Smith Freehills' former Asia disputes head, Gavin Lewis.
LGS managing partner M. Idwan ‘Kiki’ Ganie said: “To implement our vision to offer Indonesia’s largest network of branches and associated offices to our clients, LGS intends to roll out offices throughout Indonesia.
The court heard that between 2007 and 2011, Aggarwal arranged for HK$8.4bn to be transferred from two clients Hui Kau-mo and Mark Lightbrown, and 92 potential investors, into the firm's client ledger account of RIM China.
The chairman of Bakers’ executive committee Eduardo Leite said revenue growth had been steady across all of the firm’s regions, while the positive financial results reflected both organic growth and expansion into new offices in Casablanca, Li
The SEC is questioning JPMorgan, the largest US bank, over its relationships with at least two families in China that may have legitimate explanations, sources told Reuters.
While Asian asset managers may be put off targeting European investors, due to AIFMD restrictions on non-EU-domiciled funds, the move should help facilitate such distribution for those that wish to sell products into Europe.