Jiang Liu

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

Jiang Liu is a partner in Morrison & Foerster’s Financial Services Practice in the firm’s New York office. Mr. Liu’s practice spans a broad range of bank regulatory work, and he has significant experience representing foreign and U.S. 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, broker-dealer activities, CFIUS regulations, state money transmission services regulations, enhanced prudential standards, affiliate transactions, supervisory and enforcement matters involving financial institutions and U.S. bank and non-bank acquisitions, among other things. Jiang has also represented numerous international financial institutions on the establishment of branches and representative offices in the United States. 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

• Bank of the Orient in connection with the sale of its Hawaii branch to Royal Business Bank (2022)
• CITIC Group Corporation on bank regulatory matters in connection with its strategic investment in China Huarong Asset Management Co., Ltd. as part of China Huarong’s RMB 42 billion capital increase (2021)
• FinSight Ventures in connection with its investment in Hulett Bancorp (100% owner of Summit National Bank), a bank holding company organized under the laws of the State of Wyoming (2021)
• MLC, the wealth management division of National Australia Bank, in connection with the sale of MLC by National Australia Bank to IOOF Holdings Ltd (2021)
• GIC Private Ltd. in connection with the divestment of its investment in dianrong.com (2020)
• Global Energy Interconnection Research Institute North America, a wholly owned subsidiary of State Grid Corporation of China, on U.S. regulatory matters (2020)
• CITIC Metal Co., Limited on bank regulatory matters in connection with its C$612 million ($453.77 million) investment in Ivanhoe Mines Ltd (2019)
• 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)
• China Merchants Bank on its fiduciary powers application (2016)
• A PRC P2P company on its investment in Old Dominion National Bank (2016)