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Financial Services

Clients of all sizes spanning the financial services industry rely on King & Spalding for sophisticated advice on their critical finance transactions and the complex disputes and regulatory issues that arise in relation to them. Our clients range from the largest global banks to leading regional banks to fintech startups and include a wide range of asset managers, broker dealers, private equity firms, non-bank finance companies, payment processors, and alternative capital providers. These clients turn to our multi-disciplinary team of nearly 500 lawyers worldwide to guide them through secured and unsecured lending, capital markets, specialty finance, securitization and other types of transactions, as well as commercial litigation and arbitration, securities and shareholder suits, multijurisdictional investigations and enforcement actions.

Maximizing Opportunities for Finance and Capital Markets

Bringing together 125+ lawyers around the globe to represent lenders, arrangers, investors, funds, borrowers, issuers, underwriters and sponsors across the full range of complex financings, combining both borrower and lender expertise to provide ambidextrous representation.

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Navigating Critical Regulatory and Enforcement Matters

Helping financial services clients navigate complex, high-stakes engagements with domestic and international regulators, as well as anticipate and respond to diverse and constantly-evolving regulatory requirements and mitigate associated risk.

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Defending Financial Institutions in Complex Litigation

Combining a trial-ready approach, deep understanding of financial institutions and track record of success in high-stakes financial services litigation to maximize value and minimize risk in our clients’ most important disputes.

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Maximizing Value in Complex Restructuring Matters

Helping institutional lenders, alternative asset managers and other secured creditors navigate complex and high-profile restructuring matters through creditors’ rights, lender liability, and other bankruptcy and insolvency-related litigation.

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Defending High-Stakes Consumer Financial Services Matters

Providing strategic advice and an extensive tactical toolkit to help financial services clients comply with consumer financial law, mitigate impacts of regulatory and enforcement engagements and, when needed, mount a robust and compelling defense.

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UK Employment Law Changes

The UK’s new Labour government unveiled a package of new workers’ rights, with wide-ranging ramifications for employers. Read more about how these changes will affect the financial services sector.

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FTC Final Rule on Non-Competes

The Federal Trade Commission’s (FTC) final rule on non-competes (the “Rule”) is set to go into effect on September 4, 2024 for virtually every for-profit employer in the United States, though legal challenges remain pending. Given the uncertainty, employers should consider preparing for compliance.

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Financial Services Focus – December 2024

In the latest installment of our Financial Services Focus newsletter, we discuss recent legislative and regulatory developments facing the financial services industry including what to expect from the upcoming Trump administration.

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Lender Liability Quarterly

Our lender liability litigators report quarterly on critical case law developments affecting our bank, private credit lenders, alternative capital and debt funds and private equity clients. Read about the latest decisions and developments in this quarter's newsletter.

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Navigating AIFMD II - A Regulatory Odyssey

Learn about the main changes introduced by the long- awaited update to the AIFM Directive, AIFMD II, as approved by the European Parliament, including the new regime for loan originating AIFs, and changes applicable to all EU AIFMs.

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FinCEN Expands Anti-Money Laundering Rules for Investment Advisers

FinCEN recently published a final rule expanding the definition of “financial institution” under the Bank Secrecy Act to include registered investment advisers and exempt reporting advisers, subject to certain exclusions.

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DOJ Announces Corporate Whistleblower Awards Pilot Program

The Department of Justice Criminal Division has launched a Corporate Whistleblower Awards Pilot Program. Under the Pilot Program, whistleblowers who report allegations about certain white collar crimes that result in asset forfeiture may be eligible for financial incentives.

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A Primer on U.S. Anti-Money Laundering Monitorships for Financial Institutions

King & Spalding Financial Services partners Olivia Radin and Matthew Biben take an in-depth look at anti-money laundering monitorships and what financial institutions need to know in the Global Investigation Review’s Second Edition of the Guide to Anti-Money Laundering.

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Financial Services Regulation in the Post-Jarkesy World

The Supreme Court recently issued its opinion in SEC v. Jarkesy, holding that the Seventh Amendment prohibits the SEC from bringing securities fraud claims in its in-house administrative proceedings when the SEC seeks civil monetary penalties. Read more about the potential effects of the decision.

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ICLG 2024 Anti-Money Laundering Laws and Regulations Report

Financial Services partners Matt Biben and Olivia Radin authored the ICLG's 2024 Anti-Money Laundering Laws and Regulations Report chapter on Navigating Global, Multi-Agency AML Investigations, exploring the impact of regulatory investigations and best practices for resolving these matters.

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Request for Comments on FinCEN and SEC Rule on CIP

The SEC and FinCEN request comments on their proposed rule on customer identification programs for registered investment advisers and exempt reporting advisers. Read more about the notice of proposed rulemaking below.

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General Counsel’s Decision Tree for Internal Investigations – Financial Services

This resource provides a guide to help in-house legal teams navigate internal investigations and the unique challenges they present. Having a playbook for conducting an internal investigation that facilitates identification and remediation of issues is an important step in being prepared.

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Cryptocurrency: Recent Legal Developments and Outlook

King & Spalding’s 2023 legal guide provides an overview of recent legal developments in the crypto and blockchain space, including legislative proposals, key enforcement actions from state and federal agencies, and our outlook for future development.

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Financial Services – ESG

K&S brings a multi-disciplinary perspective into ESG, integrating financial services, regulatory, government advocacy, litigation, cross-border and human capital expertise and collaboration with our clients to develop holistic new-horizon solutions.

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The Practising Law Institute’s Broker Dealer Regulation Treatise

King & Spalding lawyers Russell Sacks, Steven Blau and Sean Kelly and team authored three chapters in the Practising Law Institute's Broker-Dealer Regulation Treatise.

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Delivering World-Class BSA/AML Advice to Clients

Advising clients on their BSA/AML regulatory and compliance needs, including defending financial institutions in high-profile regulatory enforcement investigations of AML practices.

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Delivering Integrated Strategies for an Evolving Fintech Industry

Coordinating seamlessly across jurisdictions to provide practical solutions for fintech clients pursuing strategic transactions, navigating regulatory challenges and defending litigation.

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Amy Peters Chicago
Dixie L. Johnson Washington, D.C.
Andrew Brereton Singapore
Carmen Lawrence New York
Patrick Montgomery Washington, D.C.
Leigh Nathanson New York
Damien Marshall New York
Jamie Dycus New York

Ranked among the leading firms for Financial Services Litigation


Legal 500 USA 2024

Tier 1 - Financial Services Regulation: Broker-Dealers Nationwide


Legal 500 USA 2024

Ranked among the leading firms for Banking & Finance Nationwide, and in Georgia, Illinois, New York, North Carolina


Chambers USA 2024

Ranked among the leading firms for Securities Litigation and Securities Regulation (Enforcement) Nationwide


Chambers USA 2024

Ranked among the leading firms for Securitization: ABS Nationwide


Chambers USA 2024

Tier 2 - Structured Finance: Securitization Nationwide


Legal 500 USA 2024

Ranked among the leading firms for ERISA Litigation


Legal 500 USA 2024

Bankruptcy/Restructuring: Highly Regarded


Chambers USA 2024

Ranked among the leading firms for Bankruptcy/Restructuring in Georgia, New York and Illinois


Chambers USA 2024

Band 1 – Litigation: Securities in Georgia and Florida


Chambers USA 2024

Tier 1 - Corporate Investigations and White-Collar Criminal Defense


Legal 500 USA 2024

Band 1 – Litigation: General Commercial Nationwide


Chambers USA 2024

Band 1 Nationwide – Government Relations: Congressional Investigations


Chambers USA 2024

Ranked among the leading firms for White-Collar Crime/Government Investigations in California, Washington D.C., Georgia, Illinois, New York and Texas


Chambers USA 2024

Tier 1 - Corporate Investigations and White Collar Criminal Defense (Corporations)


Legal 500 USA 2023

Ranked among the leading firms globally for Islamic Finance


Chambers Global 2024

Ranked among the leading firms for Banking & Finance: International Firms and Joint Ventures in Japan


Legal 500 Asia Pacific 2024

Tier 2 – White Collar Crime in France


Legal 500 EMEA 2024

Tier 1 – Banking & Finance including Islamic Finance in Saudi Arabia; Band 2 – Banking & Finance in Saudi Arabia


Legal 500 2024, Chambers Global 2024

“Practice Group of the Year” for Structured Finance


Law360, 2020

Ranked among the leading firms for Financial Services – Contentious


Legal 500 UK, London 2024

Named a “Firm to Watch” for Fraud: White Collar Crime – Advice to Corporates


Legal 500 UK, London 2024

Ranked among the leading firms for Regulatory Investigations and Corporate Crime – Advice to Corporates


Legal 500 UK, London 2024

Ranked among the top firms in the U.S. for International & Cross-Border Disputes


Chambers Global 2024

Ranked among the top firms globally and Middle East-wide for Islamic Finance


Chambers Global 2024

Ranked among the top firms in Singapore for Banking & Finance and Restructuring & Insolvency


Chambers Asia-Pacific 2024

Ranked among the top firms in the UAE for Banking & Finance and Investment Funds


Chambers Global 2024

“Practice Group of the Year” for Fintech


Law360, 2021

Tier 2 - Banking, Capital Markets: Debt, Capital Markets: Equity and Project Finance in Saudi Arabia


IFLR1000 2023

Ranked among the best Finance firms in the United Arab Emirates for Banking, Capital Markets: Debt and Project Finance


IFLR1000 2023

Close

Recognition

Ranked among the leading firms for Financial Services Litigation


Legal 500 USA 2024

Tier 1 - Financial Services Regulation: Broker-Dealers Nationwide


Legal 500 USA 2024

Ranked among the leading firms for Banking & Finance Nationwide, and in Georgia, Illinois, New York, North Carolina


Chambers USA 2024

Ranked among the leading firms for Securities Litigation and Securities Regulation (Enforcement) Nationwide


Chambers USA 2024

Ranked among the leading firms for Securitization: ABS Nationwide


Chambers USA 2024

Tier 2 - Structured Finance: Securitization Nationwide


Legal 500 USA 2024

Ranked among the leading firms for ERISA Litigation


Legal 500 USA 2024

Bankruptcy/Restructuring: Highly Regarded


Chambers USA 2024

Ranked among the leading firms for Bankruptcy/Restructuring in Georgia, New York and Illinois


Chambers USA 2024

Band 1 – Litigation: Securities in Georgia and Florida


Chambers USA 2024

Tier 1 - Corporate Investigations and White-Collar Criminal Defense


Legal 500 USA 2024

Band 1 – Litigation: General Commercial Nationwide


Chambers USA 2024

Band 1 Nationwide – Government Relations: Congressional Investigations


Chambers USA 2024

Ranked among the leading firms for White-Collar Crime/Government Investigations in California, Washington D.C., Georgia, Illinois, New York and Texas


Chambers USA 2024

Tier 1 - Corporate Investigations and White Collar Criminal Defense (Corporations)


Legal 500 USA 2023

Ranked among the leading firms globally for Islamic Finance


Chambers Global 2024

Ranked among the leading firms for Banking & Finance: International Firms and Joint Ventures in Japan


Legal 500 Asia Pacific 2024

Tier 2 – White Collar Crime in France


Legal 500 EMEA 2024

Tier 1 – Banking & Finance including Islamic Finance in Saudi Arabia; Band 2 – Banking & Finance in Saudi Arabia


Legal 500 2024, Chambers Global 2024

“Practice Group of the Year” for Structured Finance


Law360, 2020

Ranked among the leading firms for Financial Services – Contentious


Legal 500 UK, London 2024

Named a “Firm to Watch” for Fraud: White Collar Crime – Advice to Corporates


Legal 500 UK, London 2024

Ranked among the leading firms for Regulatory Investigations and Corporate Crime – Advice to Corporates


Legal 500 UK, London 2024

Ranked among the top firms in the U.S. for International & Cross-Border Disputes


Chambers Global 2024

Ranked among the top firms globally and Middle East-wide for Islamic Finance


Chambers Global 2024

Ranked among the top firms in Singapore for Banking & Finance and Restructuring & Insolvency


Chambers Asia-Pacific 2024

Ranked among the top firms in the UAE for Banking & Finance and Investment Funds


Chambers Global 2024

“Practice Group of the Year” for Fintech


Law360, 2021

Tier 2 - Banking, Capital Markets: Debt, Capital Markets: Equity and Project Finance in Saudi Arabia


IFLR1000 2023

Ranked among the best Finance firms in the United Arab Emirates for Banking, Capital Markets: Debt and Project Finance


IFLR1000 2023