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

Navigating Systemic Risks cover page

Jul 07, 2020

Navigating Systemic Risk: Protecting Financial Institutions from Avoidable Losses

Subscribe

Jump to...

 

NAVIGATING SYSTEMIC RISK: PROTECTING FINANCIAL INSTITUTIONS FROM AVOIDABLE LOSSES

COVID-19 has acted as an accelerator, bringing into play scenarios which were previously only contingencies and making contingencies of (and requiring planning for) situations which were previously barely imaginable. The debt build-up from the corporate sector, in many cases kept going through governmental life-support, means that non-performing loans are likely to explode. Numerous companies are at levels of debt that mean they cannot realistically take on much more. Preferred equity investments are possible but provide less protection for the banks.

In this publication we focus on all facets of systemic risk that financial institutions face, and address many of the most important legal and management issues banks should now be considering as they seek to navigate the new reality and work to serve the interests of their many constituents, ranging from clients to shareholders and regulators.

Read “Navigating Systemic Risk: Protecting Financial Institutions from Avoidable Losses.”

Authors and Contributors

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Simon Dodds

Of Counsel

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5156

+44 20 7655 5156

London

David A. Higbee

Partner

Antitrust

+1 202 508 8071

+1 202 508 8071

Washington DC

James Webber

Partner

Antitrust

+44 20 7655 5691

+44 20 7655 5691

+32 2 500 9800

+32 2 500 9800

London

Michael Chernick

Partner

Finance

+1 212 848 5281

+1 212 848 5281

New York

Patrick Clancy

Partner

Finance

+44 20 7655 5878

+44 20 7655 5878

London

James Duncan

Partner

Finance

+44 20 7655 5757

+44 20 7655 5757

London

Peter Hayes

Partner

Finance

+44 20 7655 5965

+44 20 7655 5965

London

Alan Rockwell

Partner

Finance

+1 212 848 5280

+1 212 848 5280

New York

P. Sean Kelly

Associate

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7312

+1 212 848 7312

New York

Mark Chorazak

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7100

+1 212 848 7100

New York

Thomas Donegan

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5566

+44 20 7655 5566

London

Jennifer D. Morton

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 5187

+1 212 848 5187

New York

Russell Sacks

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7585

+1 212 848 7585

New York

Timothy J. Byrne

Counsel

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7476

+1 212 848 7476

New York

Le-el Sinai

Associate

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7550

+1 212 848 7550

New York

Fredric Sosnick

Partner

Financial Restructuring & Insolvency

+1 212 848 8571

+1 212 848 8571

New York

Susanna Charlwood

Partner

Litigation

+44 20 7655 5907

+44 20 7655 5907

London

Adam Hakki

Partner

Litigation

+1 212 848 4924

+1 212 848 4924

New York

Daniel H.R. Laguardia

Partner

Litigation

+1 415 616 1114

+1 415 616 1114

+1 212 848 4731

+1 212 848 4731

San Francisco

Grace J. Lee

Partner

Litigation

+1 212 848 4489

+1 212 848 4489

New York

Philip Urofsky

Partner

Litigation

+1 202 508 8060

+1 202 508 8060

Washington DC

Mathew Orr

Senior Associate

Litigation

+44 20 7655 5734

+44 20 7655 5734

London