Spencer Sloan Profiled in Law360 as a “Rising Star” in Banking
07.05.23
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Financial Institutions Partner Spencer Sloan was profiled in Law360 as a “Rising Star” in Banking for 2023. Spencer was recognized for advising top financial institutions on several multibillion-dollar acquisitions, including U.S. Bancorp’s $8 billion acquisition of MUFG Union Bank’s core regional banking franchise. Asked about his thoughts on coming developments in the sector, Spencer said he expects continued scrutiny from regulators on bank M&A deals, but that the trend toward consolidation will also continue. "I think that regulatory posture, with some of the underlying market forces toward consolidation and the need for scale, will continue to lead towards more bank consolidation, but ultimately more resiliency in the banking system,” he said.
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