Cleary Gottlieb

International Top 30 position: 13
International 50 position (Asia-Pacific): =40

FDIC and Bank of England signal significant cooperation on resolution issues in joint paper

On 10 December 2012, the Federal Deposit Insurance Corporation and the Bank of England released a joint paper entitled Resolving Globally Active, Systemically Important, FinancialInstitutions outlining a resolution strategy for global systemically important financial institutions. This paper and deputy governor Tucker’s comments at the SRAC demonstrate the continuing cooperation between the FDIC and the BoE and are the product of their increasingly close collaboration in recent years.

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Analysis from The Lawyer


City Place House
55 Basinghall St

Firmwide revenue 2011 ($m): 1,125
Global lawyers 2011: 1,183
Jurisdiction: US
No. of offices: 3
No. of qualified lawyers: 52 (International 50)