Robert Rosenberg, a partner at Latham & Watkins LLP, explains his outlook for bankruptcy trends. Rosenberg, who ranks as the top bankruptcy lawyer by volume on The Deal Pipeline's bankruptcy league tables, predicts that restaurant chains and other consumer-related companies will be in trouble in the near-term. He is also anticipating that we will see "a lot of cases related to foreign companies." Rosenberg explains why the U.S. could see a "substantial spillover effect" from European bankruptcies. - Katie Roof
Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.