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Allen & Overy’s UK financial services regulatory head resigns ahead of Shearman & Sterling merger

Professional Services Correspondent

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Allen & Overy’s UK head of financial services regulatory has resigned from the firm ahead of its merger with Shearman & Sterling.

Magic Circle law firm A&O is set to merge with New York-headquartered Shearman & Sterling on 1 May in the most significant legal merger in decades.

Damian Carolan heads for the exit as Magic Circle stalwart Allen & Overy prepares to merge with US law firm Shearman & Sterling on 1 May

James Booth

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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