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 May 11, 2016 the US Board of Governors of the Federal Reserve
System announced that the Office of Financial Policy and Research
has been renamed as the Division of Financial Stability and
designated as a division of the Federal Reserve. Federal Reserve
economist Nellie Liang, who was appointed to establish the office
in November 2010, will stay on as director. The Division of
Financial Stability is responsible for the Federal Reserve's
work on financial stability, including coordinating its interagency
and international work, and its role as a member of the Financial
Stability Oversight Council and the Financial Stability Board.
According to the press release, the change reflects the growth in
responsibilities and staffing of the Division.
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