Banking Group Of The Year: Sullivan & Cromwell

Gunnar Larson g at xny.io
Tue Jan 30 08:13:53 PST 2024


PayPal seemingly got a 'Conditional BitLicense' ... then a full BitLicense
while PayPal's customer money sits at Wells Fargo.


Meanwhile, Cromwell was also representing FTX.


The Superintendent is a former Cromwell attorney.


Gunnar


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Banking Group Of The Year: Sullivan & Cromwell
<https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_main=1&nlsidx=0&nlaidx=4>

By Jon Hill

Sullivan & Cromwell LLP's attorneys steered a stricken Credit Suisse into
the arms of UBS for the biggest bank merger since the 2008 financial crisis
and helped Wells Fargo reach a record-setting $3.7 billion settlement with
the Consumer Financial Protection Bureau, earning the firm a spot among
Law360's 2023 Banking Groups of the Year.

Read full article »
<https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_more=1&nlsidx=0&nlaidx=4>
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<https://www.law360.com/banking/articles/1787617?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-01-30&read_later=1&nlsidx=0&nlaidx=4>
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