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 February 23, 2016, the FDIC issued the "Quarterly Banking Profile" which summarized financial results for the fourth quarter of 2015 for commercial banks and savings institutions insured by the FDIC.
On February 23, 2016, the FDIC issued the "Quarterly
Banking Profile" which summarized financial results for the
fourth quarter of 2015 for commercial banks and savings
institutions insured by the FDIC. As a general matter, FDIC-insured
institutions reported aggregated net income of $40.8 billion in the
fourth quarter of 2015, an increase of 11.9% (or $4.4 billion) from
the previous year. In a statement, FDIC Chairman Martin J.
Gruenberg noted that the banking industry improved on both revenue
and income from the previous year, but noted that banks should
remain vigilant to continued interest-rate risk, credit risk and
evolving market conditions.
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