Mexican law firm Bello, Gallardo, Bonequi y García (BGBG) has announced the integration of fellow Mexican firm Stamoglou Abogados.
JP Morgan starts operating as local investment bank in Peru
Peru’s financial regulatory institution (Superintendencia de Banca, Seguros y AFP) authorized in April 2016 the American investment bank to operate in the country under the name of J.P. Morgan Banco de Inversión.
J. P. Morgan has been present in Peru for 20 years offering the usual financial advisory services to companies, while competing directly with local banks. Its activities, however, were not allowed to be localizedin the country. With the authorization, J.P. Morgan Banco de Inversión can expand services and start making negotiations with national instruments.
To follow the changes, J.P. Morgan Peru intends to build a new office structure with a legal department, human resources, risk management and accounting for the new negotiations. A growth that, according to Juan Carlos Arribas, head of Peru’s office, might even indicate a change from mere investment bank to solid market maker.
Mr. Arribas believes that, despite Peru’s currency devaluation and the recent market retraction, the demand in certain areas, like infrastructure, will incentivize financial services though M&A and acquisition financing operations.
Axel Schulz has left White & Case to become a partner in the antitrust practice of McDermott Will & Emery in Brussels.
Gustavo Calzado is a specialist in litigation and national and international arbitration, and an expert in contractual, corporate, industrial property, antitrust and economic crimi...
With a view to pivoting its activity towards dispute litigation and resolution, Lead up has strengthened its core team with the arrival of litigation, arbitration and alternative d...