Department profile
Legance

Banking & Finance: Financial Services Regulation

Global Guide 2026 : Italy


Legance

Rankings

About

Provided by Legance

In our Banking & Finance Department, approximately 70 highly specialised professionals regularly assist companies, leading national and international banking and financial institutions, credit funds, as well as numerous public and private entities and institutions.

The Department’s advice covers a wide range of areas, including, without limitation: leveraged and acquisition financing, mezzanine financing, real estate financing, syndicated loans, bond and other debt instrument issues, securitisation of various asset classes, covered bonds, debt restructuring, PIK structures, securities lending transactions and other structured products, also with regard to regulatory profiles.

Andrea Giannelli coordinates the Banking & Finance Department to ensure qualified, attentive, timely and efficient assistance. The Department’s professionals have developed outstanding expertise assisting leading national and international players and they are actively involved in the structuring and implementation of various financing transactions, which are often extremely innovative in the market of reference.

The team also provides assistance in the management and maintenance of existing contracts and advises the various players at the different stages of the financing transaction, also after the closing, always providing guidance and actively supporting clients in order to identify appropriate solutions to deal with default or financial stress situations.

Chambers Review

Provided by Chambers

Banking & Finance: Financial Services Regulation - Italy

Band 2

Band 2


What the Team is Known For

Primarily based in Milan, with additional support from its London office, Legance has a well-equipped banking and finance practice with a sizeable client base that includes banks and private equity houses. The firm handles a broad spectrum of mandates, such as revolving credit facilities and financings for acquisitions, as well as refinancing and sustainability-linked funding. The team also advises clients on real estate finance deals.

Work Highlights

Provided by Chambers

  • Legance assisted Italgas with the EUR2.06 billion bridge financing of its acquisition of 2i Rete Gas.

Strengths

Provided by Chambers

  • Legance stands out for its pragmatism and in-depth knowledge of the market, its flexibility and its use of initiative in negotiations.

    Banking & Finance: Financial Services Regulation respondentGlobal
  • Legance combines technical knowledge with commercial acumen and a problem-solving approach.

    Banking & Finance: Financial Services Regulation respondentGlobal
  • The Legance team stands out for its precision, speed, efficiency and awareness of legal and regulatory issues.

    Banking & Finance: Financial Services Regulation respondentGlobal
  • Legance has a young and energetic bench of dynamic, commercially aware partners who are well attuned to the needs of the international market.

    Banking & Finance: Financial Services Regulation respondentGlobal
  • Legance has a proven ability to manage complex transactions involving numerous and diverse counterparties in various jurisdictions.

    Banking & Finance: Financial Services Regulation respondentGlobal

Notable Practitioners

Provided by Chambers

  • Band 1Andrea Giannelli
    Band 1Andrea Giannelli

    Andrea Giannelli

    Andrea Giannelli is a distinguished lawyer with a leading and well-established position in the market who focuses his practice on structuring deals and negotiating and executing facility agreements. He additionally assists with debt refinancing and bridge financing transactions.

    • Andrea Giannelli is outstanding in structured finance.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Andrea Giannelli is extremely experienced in talking to clients and finding satisfactory solutions for complex legal matters.

      Banking & Finance: Financial Services Regulation respondentGlobal
  • Band 2Federico Vezzani
    Band 2Federico Vezzani

    Federico Vezzani

    Federico Vezzani is widely recognised for his work on reorganisations, structurings and implementation of transactions. He is also skilled in advising clients from the fintech sector on regulatory compliance.

    • Federico Vezzani is a very good negotiator; he's always very centred and never loses his patience.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • He is very prepared and available, provides highly qualified assistance and responds to questions without needing preparation.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Federico Vezzani impresses with his professionalism, expertise and interpersonal skills.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Federico has excellent experience and competence, and is able to provide legal advice on a wide range of regulatory matters with great precision, speed and an ability to synthesise.

      Banking & Finance: Financial Services Regulation respondentGlobal
  • Band 3Marco Penna
    Band 3Marco Penna

    Marco Penna

    Marco Penna is increasingly recognised for his expertise in financial services regulatory matters. His clients include Italian and international banks, financial institutions and intermediaries, and fintech entities.

    • Marco is one of the most important lawyers in the banking regulation sector. He is distinguished by his great experience in the sector, commercial approach and quality of service.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Marco has wide-ranging competence, maximum availability and always has a positive attitude.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Marco Penna has a comprehensive view of the banking and financial services implications of complex matters, including international elements.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Marco has a clear understanding of what banks need in terms of legal counsel.

      Banking & Finance: Financial Services Regulation respondentGlobal
  • Band 4Tommaso Bernasconi
    Band 4Tommaso Bernasconi

    Tommaso Bernasconi

    Tommaso Bernasconi is recognised for his expertise in advising Italian and international banks on lending mandates. He also advises borrowers and private equity firms on financing for operations and acquisitions.

    • Tommaso provides a good direct presence with the support of an excellent well-structured team. He is present and punctual in discussions and negotiations.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Tommaso Bernasconi is always available to support customer requests with professionalism and experience.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • In addition to demonstrating great competence, Tommaso also stands out for his sensitivity in managing every situation with attention and humanity.

      Banking & Finance: Financial Services Regulation respondentGlobal
    • Tommaso Bernasconi is highly commercial but does not gloss over technical matters. He engages in the substance with a strong commercial aptitude and works hard to improve documents where necessary.

      Banking & Finance: Financial Services Regulation respondentGlobal

Ranked Individuals at Legance (4)

Italy

Members

Provided by Legance

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