19 September 2019
Clifford Chance strengthens leading global Corporate team with hire of Richard Crosby to its Financial Institutions Group
Leading international law firm, Clifford Chance today announced that Richard Crosby will be joining the firm's Global Corporate team and Financial Institutions Group as Partner and will be based in London.
Richard joins Clifford Chance from Norton Rose Fulbright, where he is a Corporate Partner specialising in advising banks and other financial institutions.
Financial Institutions Group Head, Ashley Prebble, commented on the appointment "Our Financial Institutions Group is going from strength to strength and the addition of Richard Crosby will further develop the team's capabilities and offering to clients. Richard holds a strong track record of strategic and global bank sector transactions and we are excited to welcome him to the fold."
Guy Norman, Clifford Chance's Global Practice Area Leader for Corporate added "We are immensely proud of our deep heritage in advising leading clients in the bank and financial institutions sector. Our expertise in this area makes us the natural choice to work alongside many organisations in this sector as they seek to secure their strategic objectives and navigate the complexities of the global environment. Richard's extensive experience is a fantastic complement to our market leading team, and will bring great value and insight to clients."
Over the last five years Clifford Chance has acted globally on 188 deals in the financial institutions sector with a total value of around US$500 billion. The firm's sector expertise offers considerable insight into the issues that can arise and enables the team to anticipate potential deal obstacles at an early stage, bringing together individuals with years of experience on complex international M&A involving banking and insurance businesses, asset management companies and private wealth entities as well as branch acquisitions and disposals.