Top firms do battle to advise Deutsche Bank

White & Case, Latham & Watkins, Allen & Overy and Linklaters are among the firms hoping to be on the new legal panel for Deutsche Bank when it decides on its new list of advisers during January.

White & Case has been the dominant adviser since the last pitching process happened in 2012. The process is likely to be heavily influenced by a new senior manager at the bank - head of audit Christian Sewing who joined the board recently with the express brief of managing legal costs. The bank has been in continued discussion with regulators about penalties. Source: Legal Business

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