Jiang Liu

“ I enjoy working with my clients around the globe to help them tackle their highly complex regulatory banking challenges.

Jiang’s practice spans a broad range of bank regulatory work, and he has significant experience representing global financial institutions.

Jiang has deep knowledge of the regulations applicable to U.S. and global financial institutions. He regularly provides advice in connection with the Bank Holding Company Act, the Volcker Rule, bank securities activities, and U.S. bank and non-bank acquisitions, among other things. He has a substantial practice representing global financial institutions, especially those in China, related to their U.S. activities.

Prior to joining Morrison & Foerster, Jiang worked at a leading international law firm in their Hong Kong and New York offices.

Representative Transactions

• ICBC International on bank regulatory matters in connection with its U.S.-related investments (ongoing)
• MLC, the wealth management division of National Australia Bank, on its private equity investments (ongoing)
• China Merchants Bank in connection with its investment in Asia Investment Fund (2018)
• SoftBank in connection with its $3.3 billion acquisition of Fortress Investment Group (2017)
• CCB International Overseas Limited on bank regulatory matters in connection with its investment in a New York real estate project (2017)
• ABC International Holdings Limited on bank regulatory matters in connection with its $100 million investment in an agricultural investment fund (2017)
• China Merchants Group Limited (“CMG”) in obtaining an approval from the Federal Reserve Board for CMG to engage de novo in extending credit and servicing loans and the leasing of personal property through a subsidiary in the United States (2017)
• China Merchants Bank on its investment in a $900 million fintech fund (2017)
• SoftBank on bank regulatory matters in connection with its acquisition of Fortress Investment Group LLC (2017)
• A PRC P2P company on its investment in Old Dominion National Bank (2016)
• CMC Capital, one of China’s leading media funds, in its PRC joint venture with Shanghai Media Group and Jaunt, the leading producer and publisher of fully immersive cinematic VR technology, to film and produce cinematic quality VR content in China (2016)
• China Merchants Bank on its fiduciary powers application (2016)
• Agricultural Bank of China on its annual resolution plan (2016)
• CITIC Group Corporation on its annual resolution plan (2016)
• China Merchants Bank on its investment in Uber Technologies (2015)
• ReINNO Capital, a China-focused life sciences fund, as a member of a PRC-investor led buyer consortium in the acquisition of substantially all of the assets of Protom International, Inc. and Protom International, LLC, a developer of proton therapy technology, out of a chapter 11 bankruptcy proceeding in a bankruptcy court-sanctioned sale under Section 363 of the U.S. Bankruptcy Code (2015)
• CITIC Group Corporation and CITIC Securities Company Limited on the acquisition of CLSA, B.V. (2013 – 2015)
• Bank of China New York Branch on the establishment of a CNY 18 billion Renminbi certificate of deposit program (2014)
• CLSA B.V. on its acquisition of a minority equity interest in BTIG (2014)
• GF Financial, LLC, as a key investor, on its investment in First Security Group, Inc. (2013)
• ING Group on its sale of ING Bank, FSB to Capital One Financial Corporation (2012)
• The Bank of East Asia on its sale of an 80% interest in its U.S. bank subsidiary to Industrial and Commercial Bank of China (2012)
• Standard Chartered Bank on the sale of part of its private banking business to Banco Santander International (2011)
• China Investment Corporation on its acquisition of a noncontrolling, but more than 5%, investment in shares of common stock of Morgan Stanley in settlement of the PEPS Units of Morgan Stanley acquired by China Investment Corporation in 2007 (2010)
• Warburg Pincus on its investment in Sterling Financial Corp. (2010)
• Banco Popular de Puerto Rico on its acquisition of Westernbank Puerto Rico through an FDIC-assisted transaction (2010)
• Standard Chartered Bank on its acquisition of American Express Bank Ltd. (2008)
• Aquiline Capital Partners, as a key investor, on its investment in BNC Bancorp (2010)
• GF Financial, LLC, as a key investor, on its investment in West Coast Bancorp (2009)
• China CITIC Bank International on the reorganization of the commercial banking business of CITIC Group (2009)
• China CITIC Bank International on the privatization of CITIC International Financial Holdings Limited, the parent company of CITIC Bank International (2008)
• National Australia Bank on its application to establish a limited federal branch in Chicago (2008)
• China Merchants Bank on its acquisition of Wing Lung Bank Limited (2008)
• Barclays Bank PLC on its application to establish a representative office in the United States (2008)
• China Merchants Bank on its application to establish a branch in the United States (2007)
• Royal Bank of Canada on its acquisition of Daniels & Associates, L.P. (2006)
• Goldman Sachs as financial adviser to AmerUs Group Co. in the acquisition of AmerUs Group Co. by Aviva plc (2006)
• Bank of China on its $11.2 billion IPO (2006)
• Bank of Communications on its $2.2 billion IPO (2005)
• Ping An Insurance (Group) Company of China on its $1.8 billion IPO (2004)

Rankings

• Recommended for Financial Services Regulation – Legal 500 2018