Good evening, There was plenty of chatter in banking circles across the weekend - but little of it was to do with deals. Instead, all the talk was about the banks and their coronavirus prevention plans, including things like splitting teams, sending traders to back-up sites and having advisory-type bankers work from home. Country heads spent plenty of time thinking about those matters over the weekend - and we hear there are some big meetings on Monday afternoon that could well ramp up the coronavirus prevention program. The bunkers are ready to go, and it seems to be a matter of when they're to be filled. The measures are all about protecting revenue for the banks at a time when MDs are already worried about their 2020 P&L. Law firms have their own preparations in train. We report on King & Wood Mallesons, which will have staff testing one of its measures this week. In terms of deals, we have an update on APA Group and CKI's latest face-off, while Challenger and some ex-MacCap bigwigs are throwing their capital into a $110 million fintech raising. Happy reading, Sarah, Anthony and Tim. | Tomorrow's headlines It was round-the-clock conference calls at the big investment banks on the weekend - and not a client in sight. |
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| | Lawyers are nothing if not meticulous. |
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| | CKI and APA Group are believed to be spearheading competing bids for a Victorian gas infrastructure project. |
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| Fund manager Challenger has led a $100 million funding round for fintech lender GetCapital. |
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| | Euroz Securities and Moelis Australia have a new internet play for fund managers. |
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Sarah Thompson, Anthony Macdonald and Tim Boyd. Street Talk Editors |
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