Freshfields Bruckhaus Deringer has underlined its close links with the Bank of England after taking lead advisory duties on the bank's 50 billion pound ($100 billion) injection of capital into the U.K. lending market. Freshfields is advising the longstanding client on its plan to swap secured government bonds for premium mortgage debts held by commercial banks in a bid to ease the effects of the global credit crisis. Financial services chief Michael Raffan is leading an eight-lawyer team for Freshfields.
Freshfields to the Fore on Bank of England's $100 Billion Cash Injection
April 23, 2008