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.
April 23, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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.
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