Top 10 Legal Advisors in Financial Services Industry in the World in 2022 by Deal Value

AZB & Partners, Cravath, Swaine & Moore LLP, Argus Partners, Wadia Ghandy & Co, and Singhi & Co are among the top 5 legal advisors in the financial services industry in 2022 by deal value. The EQT-BPEA was a major deal in the Financial Services sector in 2022. AZB & Partners, Sidley Austin LLP, Maples and Calder, Kirkland & Ellis International LLP, and Vinge served as legal advisors to EQT, while Paul, Weiss, Rifkind, Wharton & Garrison LLP, Mannheimer Swartling Advokatbyra AB, and Simpson Thacher & Bartlett LLP served as legal advisors to BEPA. EQT AB, a Sweden-based private equity company, has agreed to acquire a 100% stake in Baring Private Equity Asia Ltd, a Hong Kong-based private equity firm, for a purchase consideration of $7,500 million. The transaction will enable to expand EQT’s active ownership strategies across its core markets. The Housing Development Finance-HDFC Bank was another major deal in the Financial Services sector in 2022. Cravath, Swaine & Moore LLP, and Wadia Ghandy & Co served as legal advisors to HDFC Bank, while AZB & Partners, Singhi & Co, and Argus Partners served as legal advisors to Housing Development Finance Corporation. HDFC Bank Ltd has announced that it has received approval from the Reserve Bank of India (RBI) for the merger of Housing Development Finance Corporation Ltd (HDFCL) and HDFC Bank Ltd, for a consideration of $58,519 million. The combined entity will bring together complementary strengths of the two organizations, enabling a rewarding customer relationship.