Financial Services


Steve Waters leads our coverage of Financial & Business Services companies. Below is a list of select transactions in which he advised.


Financial & Business Services


Company Advised



Sale of structured finance business to GE

Aegon NV

Joint venture with Grupo Fin regarding Seguros Banamex

Air Products

Acquisition of Stearns Rogers

Anglo French Underwriters Lloyd’s Coverholder

Leveraged buy-out

Bank of New England


Donaldson, Lufkin & Jenrette (policyholders of Equitable Life Insurance Company of the US)

Sale to Axa SA

Global Financial Services Asset Management

Leveraged buy-out

Hay Group

Sale to Saatchi & Saatchi

Home Life

Merger with Phoenix Mutual Life

Litco Bancorp of NY Inc

Sale to Banca Commerciale Italiana SpA

National Nederlanden

Acquisition of Life of Georgia


Acquisition of C&S Sovran


Sale to NML

PensionsFirst Ltd

Strategic alliance with State Street Corporation

Pi Capital

Sale of strategic stake to Bank of Scotland


Acquisition of Tokai Financial Services

Sears, Roebuck

Spin-off of Allstate and Dean Witter to Sears shareholders

Southern Pacific

Acquisition of Ticor

Strategic Planning Associates

Sale to Marsh & McLennan

Temple Barker & Sloane

Sale to Marsh & McLennan

Transmedia Network

Sale to Equity Group

US Air

Acquisition of Piedmont

US Air

Defense against Carl Icahn