Financial Markets Disputes

We advise and represent major international financial institutions and asset managers in a broad range of disputes and regulatory investigations

We specialise in high-value, high-stakes, cross-border disputes and investigations. We advise on the leading issues in the market – in the last year we took one of the first IBOR manipulation cases to trial and have been involved in many of the leading FCA/PRA Enforcement investigations. That’s why clients trust us with their most critical matters.

Our clients include investment, retail and challenger banks, hedge funds, institutional funds, fintech companies and private wealth managers, giving us a broad perspective on the issues affecting the sector.

Focusing exclusively on contentious work for these clients, we understand the financial markets and the regulatory environment our clients operate in as well as the law. Working alongside our financial services regulatory, transactional, funds and financial crime lawyers, and our colleagues across EMEA and Asia, we advise on the major issues affecting our clients today.

Our core services include:

  • Investment banking - we advise on disputes involving complex financial products, benchmark manipulation and a wide variety of other issues in the financial markets.
  • Retail banking - we advise the range of issues which can arise from the mis-selling of financial products, including engaging with regulators, structuring remediation programs and handling FOS complaints and FSCS claims.
  • Asset management - we act for hedge funds and other asset managers in disputes involving allegations of breach of fiduciary duty, derivative actions and a wide variety of other issues.
  • Contentious regulatory investigations - we act for clients conducting internal investigations in connection with regulatory breaches or misconduct, or who are the subject of FCA and PRA Enforcement investigations.
  • Risk management advice - we have an established range of products designed to help our identify and mitigate legal risk, including relating to Brexit, data breaches, DSARs, cyber-incidents and reputation management.

Our experience

Commerzbank AG

Advising in proceedings brought by Banca Popolare Italiana for damages of up to Euro 1.8bn arising out of the alleged wilful misconduct of the former directors in connection with the take over bid for a leading Italian bank.

Merrill Lynch (Asia Pacific) Ltd

Acted against an Indian pharmaceutical company, who had defaulted on payments after making substantial losses in ISDA governed derivative transactions. This multijurisdictional case involved the team in Hong Kong and London, as well as foreign counsel from our established network of Indian, Swiss and Irish counsel.

American Express Bank Ltd

Advising in Italy regarding the breach of a syndicated loan agreement for the construction of Tanzania’s international airport.