A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
On January 5, 2015, the FDIC issued a list of state non-member
banks which were evaluated for compliance with the Community
Reinvestment Act ("CRA"). The list relates to evaluation
ratings that the FDIC assigned to institutions in October 2014. All
of the banks rated received either satisfactory or outstanding
ratings. The CRA was instituted in 1977 in order to encourage
insured banks and thrifts to meet local credit needs, including
those of low-income neighborhoods. Included in the Financial
Institutions Reform, Recovery and Enforcement Act of 1989, Congress
mandated that the public disclosure of the results of each bank and
thrift that undergoes a CRA examination.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.