https://images.fnlondon.com/im-82450152?size=1.5

A&O Shearman posts $3.7bn in revenue following merger

Last year, Allen & Overy completed its tie-up with Shearman & Sterling, creating one of the world’s largest law firms by revenue 

https://images.fnlondon.com/im-82450152?width=1280&size=1.501

A&O Shearman has reported $3.7bn in client revenue in its first full-year results since it was created through a merger last year.

In May 2024, Magic Circle firm Allen & Overy completed its tie-up with New York-headquartered Shearman & Sterling, creating one of the world’s largest law firms by revenue with almost 4,000 lawyers across 47 offices worldwide. 

AO Shearman posts $3.7bn in revenue following merger

The firm has reported its first set of financial results since the tie-up between Allen & Overy and Shearman & Sterling

Zoe Hu

Earnings

Investing

Media

Jain Global hires ex-Millennium portfolio manager Gregoire Thomas

Ex-Brevan Howard portfolio manager’s hedge fund opens Sydney office

Crypto hedge fund Re7 Capital eyes $100m for new fund

https://images.fnlondon.com/im-72985119?size=0.92

Thomas has joined the Hong Kong office of Bobby Jain’s new hedge fund

https://images.fnlondon.com/im-74510968?size=1.5

Carl Radford’s White Elk Partners will have six people in the Australian city by the end of 2025

Milbank hires private equity M&A rising star in Germany

https://images.fnlondon.com/im-43406752?size=1.5

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink

Once an heir apparent for Larry Fink, Wiedman now tops the list of potential successors to PNC chief Bill Demchak.

PNC Names Former BlackRock Star Mark Wiedman as President

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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

https://www.wsj.com?type=allesseh_content_full_list

https://ace.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Financial News