Distinguishing itself by the versatility of its client base, spanning regional banks, global banks, and companies wishing to enter the banking industry, Debevoise & Plimpton LLP is described as ‘informed by long-standing relationships with regulators and a deep understanding of how institutions actually operate.’ This translates to regular advice to clients on risk management policies, a topic in which the wider group is highly engaged, and a profound knowledge of international banking regulation. Among other key mandates are advice on complying with SEC requirements and regulatory advice stemming from M&A/joint venture-related regulation, as well as advising on regulatory capital and quantitative liquidity standards. Satish Kini in Washington DC and Gregory Lyons in New York jointly head up the team, the latter of whom is ’exceptional on banking regulation, particularly in navigating evolving supervisory expectations’. Kini, chair of the banking group, handles a wide variety of regulatory, enforcement and transactional issues, while Caroline Swett in New York is key for advising on AML compliance programs, and Patrick Fuller in Washington DC stands out for compliance programs more widely.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- 'Debevoise & Plimpton’s practice is distinguished by the depth and credibility of its advice at the intersection of banking regulation, capital markets, and broker-dealer issues, particularly in matters where regulatory, transactional, and supervisory considerations converge. The team brings a rare combination of technical mastery and practical judgment, informed by long-standing relationships with regulators and a deep understanding of how institutions actually operate. Clients would want to know that this is a group that can handle the most complex, high-stakes regulatory and capital questions with clarity and confidence. Gregory Lyons is exceptional on banking regulation, particularly in navigating evolving supervisory expectations and translating them into actionable guidance for institutions.'
- 'Gregory Lyons is outstanding on broker-dealer issues, combining deep regulatory knowledge with a pragmatic approach that helps clients move forward without unnecessary friction. Compared to other firms, Debevoise stands out for its integrated approach and senior-level engagement. Matters are not siloed; regulatory, capital, and broker-dealer considerations are addressed cohesively, with partners who are directly involved and accountable. The advice is thoughtful, commercially grounded, and tailored to the client’s risk profile rather than theoretical or overly conservative. The practice is also notable for its collaborative culture and efficiency. Teams work seamlessly across disciplines and geographies, are responsive, and communicate clearly to both legal and business stakeholders. Debevoise has been thoughtful about staffing and billing, ensuring senior attention where it matters most and avoiding unnecessary layers. Its commitment to diversity, mentorship, and long-term team development further strengthens the quality and continuity of its client service. Overall, the firm offers a level of sophistication, credibility, and practicality that places it at the very top of the market for banking regulatory and broker-dealer advice.'
- 'The individuals at Debevoise & Plimpton stand out for their combination of deep technical expertise, sound judgment, and genuine understanding of the financial services industry. What differentiates them from competitors is not just their knowledge of the law, but their ability to apply it in a practical, commercially informed way that reflects how institutions actually operate. Gregory Lyons is a trusted figure in the industry and an outstanding lawyer. He brings exceptional judgment, credibility with regulators, and a steady, pragmatic approach to complex regulatory matters. His advice is consistently thoughtful, balanced, and grounded in real-world experience, which makes him an invaluable advisor to clients navigating high-stakes issues. Chen is second to none on the technical side of banking regulation. His command of the details is exceptional, and he has a rare ability to translate highly complex regulatory requirements into clear, actionable guidance. Clients value both his precision and his responsiveness, particularly on matters involving capital, balance sheet considerations, and evolving regulatory frameworks.'
- 'Jeffrey Robins is a highly knowledgeable and trusted broker-dealer lawyer. He combines deep regulatory expertise with a practical, solutions-oriented mindset, helping clients address broker-dealer issues efficiently and with confidence. His ability to anticipate regulatory concerns and guide clients through complex broker-dealer matters sets him apart from peers at other firms. Collectively, the team operates at a very high level, with strong collaboration, senior engagement, and a consistent focus on client outcomes. The quality, credibility, and judgment of the individuals involved are a key reaso why the firm remains a go-to firm in this space.'
Key clients
- American Express
- BMO Financial
- Capital One
- Citizens
- Comerica
- Edward Jones
- Financial Services Forum
- Institute of International Bankers
- International Securities Lending Association
- KeyBank
- Mizuho
- MUFG
- Principal Financial Group
- Prosight
- Santander
- Securities Industry and Financial Markets Association
- Thrivent Financial for Lutherans
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Satish M. Kini; Gregory Lyons
Other key lawyers
Jeffrey Robins; Jung Eun Choi; Caroline Swett; Patrick Fuller