find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Mallesons advises on NAB alliance

Mallesons advises on NAB alliance

It's been 18 months coming, but NAB has finally forged an alliance with a wealth management business.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

IT'S been 18 months coming, but NAB has finally forged an alliance with a wealth management business. 

Approaches had been made to Citigroup and even the Australian broking arm of ABN Amro, now the Royal Bank of Scotland. Some media has also reported speculation that NAB was eyeing a stake in retail brokerage Bell Potter. 

But now, the bank has forked out $99 million to acquire 80 per cent of the retail stockbroking arm of Goldman Sachs JBWere. Mallesons Stephen Jaques has advised NAB on the alliance, led by Melbourne M&A partners Craig Semple, Diana Nicholson and Jonathan Hamer. 

The team advised on the acquisition of the interest in JBWere, arrangements regarding the ongoing conduct of the strategic alliance and financial regulatory matters. 

“This was a complex deal, relying on M&A, Regulatory, Intellectual Property and Workplace & Employee Relations expertise across the firm,” Semple said. 

“It was great to be involved in such a significant transaction that brings together two important Melbourne business names - NAB and JBWere,” he said. The strategic alliance follows NAB’s recent $2 billion placement, on which Mallesons also advised the bank.
Mallesons advises on NAB alliance
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...