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 December 14, 2017, the EU Single Resolution Board and the US Federal Deposit Insurance Corporation announced that they had signed a cooperation agreement which would provide for information sharing...
On December 14, 2017, the EU Single Resolution Board and the US
Federal Deposit Insurance Corporation announced that they had
signed a cooperation agreement which would provide for information
sharing and cooperation in policymaking and resolution planning for
cross-border financial institutions. The preamble of the agreement
notes that given the interconnectedness of the global financial
system, such cooperation is necessary to promote financial
stability in the event of an institution's failure. While not
legally binding, the agreement sets forth the general framework of
the relationship and the principals designed to advance the
resolution goals of each agency. The agreement also sets forth the
policies and procedures that govern the relationship between the
SRB and FDIC, including the scope of the agreement, permissible
uses of information shared between the agencies and the mechanisms
that each agency can use to effectuate consultation, cooperation
and information sharing.
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