Simpson Thacher Law Firm Brings on The Skadden Team, Which Includes The Head of Financial Institutions.

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BestLawyerTips | News – The five-partner team from Skadden, Arps, Slate, Meagher & Flom, which includes Sven Mickisch, the co-head of the firm’s financial institutions department, was hired by the American law firm Simpson Thacher & Bartlett on Tuesday.

Simpson Thacher announced the addition of Mickisch, Brian Christiansen, Bao Nguyen, Matt Nemeroff, and Tim Gaffney as partners at its offices in New York and Washington, D.C.

According to his previous biography page on Skadden’s website, Mickisch’s financial industry clients have included American Express, JPMorgan Chase & Co, and Wells Fargo. He was Bear Stearns’ representative when the Wall Street company was acquired by JPMorgan Chase in 2008 for a reported $1.4 billion.

Cheap real estate Mickisch and Skadden were consulted when Morgan Stanley acquired E*Trade for $13 billion in 2020. It was the largest transaction made by a Wall Street bank since the financial crisis at the time.

A request for comment on the departures was not immediately answered by a Skadden representative.

According to a statement from Simpson Thacher’s executive committee chair Alden Millard, “the financial services sector continues to evolve, with financial institutions facing economic and competitive challenges, policy uncertainties, and increased regulatory oversight, and we see more changes coming.”

Source: Reuters.com

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