Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

The financial services industry is being subjected to the most significant legislative and regulatory reforms seen in decades. Commercial and investment banks, asset and wealth managers, broker-dealers, investment managers, financial sponsors, fintech enterprises and insurance companies rely on our thoughtful and strategic advice on all aspects of their proprietary and transactional business needs.

Relevant sub-sectors of the industry in which our lawyers have a hand in collaborating with clients include:

  • Investigations, Litigation and Regulatory
  • Proprietary M&A and Capital Raising
  • Investment Banking Advisory
  • Trading and Markets 
  • Wealth Management and Private Banking
  • FinTech
  • Insurance and Reinsurance

The financial services industry has been forced to re-examine the products it offers and the markets it serves. Innovation is seen as a differentiator and technology such as blockchain may prove to be a potential game-changer in the years to come. Rapidly growing financing sources like peer-to-peer lending and crowd sourcing may radically change the financial intermediation role banks and financial sponsors play. We are constantly in the market and on the leading edge to ensure we are helping to create and seize opportunities in this rapidly changing landscape.

Our lawyers continue to assess, examine, and provide practical guidance on:

  • the implications of U.S. regulatory reform and Brexit
  • regulatory capital requirements, including Basel III, CRD IV, Solvency II and U.S. capital rules including Dodd-Frank
  • anti-money laundering and foreign corrupt practices legislation
  • disputes with regulatory bodies, regulatory investigations and enforcement proceedings
  • prudential issues, including capital adequacy, consolidated supervision, board / senior executive roles / actions and compensation
  • bank mergers, corporate restructuring and principal investments
  • effective global data, privacy and cyber security protection
  • capital raises in all forms of the capital markets environment, including debt and equity (inclusive of IPOs, high yield, and investment grade offerings)
  • debt and structured financings and leveraged lending
  • structural, legal and documentation considerations that arise in derivatives and structured product transactions across all major asset classes, including credit, equity, fixed-income, currency and commodity-linked instruments

As clients grapple with the uncertainties of today’s market, our globally-recognized and sought after thought leaders provide insights and analysis of key legal issues and trends impacting the industry to help you better make strategic choices. With know-how to guide and counsel on the most challenging multi-jurisdictional issues, we work with you to stay ahead while managing risk.

Understanding the key drivers of what our financial services clients demand, we often act as an extension of our client's own legal team — pragmatic, commercial, and recognizing the importance of providing comprehensive legal advice with flexibility. We know your business.