A significant portion of our Corporate, Banking, International Capital Markets and Litigation practices are dedicated to serving the legal needs of our international bank client base.
Banks of all shapes and sizes, from domestic retail to international commercial and investment banking conglomerates, have relied on Allen & Overy’s FIG team to advise them through the financial crisis through to the current sovereign debt crisis. For example, we have helped banks: undertake capital raisings and liability management exercises to shore up finances and comply with new regulatory capital standards; restructure their operations to focus on core businesses; embark on major multi-jurisdictional outsourcings; acquire assets and businesses being offloaded by distressed institutions; defend themselves and key individuals from actions and proceedings resulting from cases brought as a result of the financial crisis; restructuring and insolvency proceedings, including on issues relating to custody and title to assets; and navigate the myriad of regulatory initiatives and proposals emanating from global, European and national bodies, including Dodd Frank, the various Recovery and Resolution Plan proposals in the UK, U.S. and Europe, the Independent Commission on Banking’s report in the UK, and Basel III and CRD IV to name a select few.
In relation to the business that banks provide their customers, a significant share of our Finance and regulatory work is devoted to advising our bank clients on the full range of products and services they offer. This includes: asset finance; debt and equity capital markets; derivatives and structured finance; general lending; leveraged finance and high yield; projects, energy and infrastructure, real estate finance; and securitisation. These are described in greater detail in the Finance section of our website.