US firm Cadwalader Wickersham & Taft is hiring high-profile banking lawyer Stephen Mostyn-Williams to head its London international banking and finance practice
He arrives from Landwell, where he was the business development director. Mostyn-Williams, Shearman & Sterling's former head of acquisition finance, is charged with expanding the firm's banking and finance practice in the UK and US and building a leveraged finance practice in Europe. He will work closely with head of financial restructuring and London managing partner Andrew Wilkinson, head of international capital markets in London James Croke and head of European project finance in London Paul Biggs. Cadwalader's London office focuses on project finance, capital markets, securitisation, insolvency, restructuring and litigation. Mostyn-Williams aims to build a high-yield capability and broaden out the senior debt practice. "It's a good time to hire as it's a bear market. Some firms have difficulties, which means some people are unhappy," he said. In the past Mostyn-Williams has worked with most of the investment banks, including Morgan Stanley, Goldman Sachs, Merrill Lynch, UBS Warburg and Deutsche Bank.