Department profile
A&O Shearman

Banking Litigation

UK Guide 2026 : UK-wide

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A&O Shearman

Rankings

Chambers Review

Provided by Chambers

Banking Litigation - UK-wide

Band 2

What the Team is Known For

A&O Shearman has an excellent group of individuals specialising in the representation of financial clients. It is frequently instructed by hedge funds, private equity firms, and investment and retail banks, with notable expertise in handling claims relating to alleged manipulation of financial benchmarks. A&O Shearman draws from impressive wider strengths in related practice areas and also offers excellent international capability thanks to the strength of its global network. It employs regulatory and sector-specific knowledge on behalf of clients' businesses to identify and mitigate future risks.

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Work Highlights

Provided by Chambers

  • A&O Shearman acted for Citi in litigation based on the European

    Commission's decision that Citi and certain other banks infringed competition

    law in relation to conduct in the spot foreign exchange markets.

Strengths

Provided by Chambers

  • A&O Shearman is a well-oiled machine, and nothing ever seems too complicated or burdensome for their technical expertise or resources.

    Banking Litigation respondentUK

  • Their work has a rigour and reliability which you don't often see in other firms. I know I can trust their work and don't have to second guess things.

    Banking Litigation respondentUK

  • They have consistently impressed me.

    Banking Litigation respondentUK

Notable Practitioners

Provided by Chambers

  • Andrew Denny
    Andrew Denny

    Andrew Denny

    Andrew Denny is well regarded for the strength of his financial litigation practice, acting for banks in a wide range of disputes. He is particularly experienced in claims arising from interest rate swap mis-selling.

    • He is able, technical, sensible and gets into the detail.

      Banking Litigation respondentUK

    • Andrew is my first port of call on litigation work; he is very strong.

      Banking Litigation respondentUK
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  • Michael Godden
    Michael Godden

    Michael Godden

    Michael Godden dedicates his practice to the representation of banks and financial services clients across a broad spectrum of disputes. He regularly handles high-value international matters, including complex debt recovery, fraud claims and enforcement.

    • He has a very sound grip of a fairly complex field of law.

      Banking Litigation respondentUK

    • Michael is a very safe pair of hands for complex cross-border disputes.

      Banking Litigation respondentUK
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  • Mahmood Lone
    Mahmood Lone

    Mahmood Lone

    Mahmood Lone has significant experience advising banks and other financial institutions on domestic and cross-border litigation. His banking litigation practice benefits from complementary expertise in contentious regulatory matters.

    • He is genuinely excellent – a true subject matter expert.

      Banking Litigation respondentUK

    • Mahmood is really outstanding.

      Banking Litigation respondentUK

    • He is absolutely fantastic and my go-to person.

      Banking Litigation respondentUK

    • His technical knowledge and expertise is first-rate, but it is his client service, fuss-free approach, and clear and very sound advice that make him really stand out from his peers.

      Banking Litigation respondentUK
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Ranked Individuals at A&O Shearman (3)

UK-wide

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