In the aftermath of the recession, companies and financial institutions are cutting costs, managing risk and dealing with increased regulation. At the same time, our clients have been keen on seizing opportunities to bolster revenue and growth as the economy continues to recover.
We advise our clients in their efforts to capitalize on improving stock market performance, increasing demand from institutional investors and a rise in the private equity market. We also help devise corporate and compliance strategies that meet the demands of new legislation, rising interest rates and increasing competition.
At Shutts & Bowen, we offer decades of experience in the sophisticated Financial Services industry. Our initiatives have been instrumental in transforming Florida into a global financial center. Our firm’s experienced practitioners led the legislative initiative for the establishment of foreign bank offices in Florida in the mid to late 1970s and negotiated a legislative compromise with the Florida Bankers Association to allow out-of-state hold companies to open loan-production office subsidiaries in Florida. We also represented the first out-of-state bank to setup a non-Edge Act bank office in Florida as well as the first applicant for a non-bank financial institution (NBFI) license in the State.
Our extensive involvement in banking initiatives has led to a robust and experienced Financial Services Practice Group that has evolved with its clients’ needs and the industry as a whole. We work with financial institutions, corporations and individuals to expand operations and open new markets in Florida and around the world.