Biography

Stephen Salley serves as a partner in Sullivan & Cromwell’s Financial Services Group.  His practice focuses on mergers and acquisitions and bank regulatory, supervisory and enforcement matters involving financial institutions.  Salley represents U.S. and non-U.S. banks, asset managers, broker-dealers, insurance companies, private equity funds, trade associations and other firms in the financial services industry.  He also advises clients on corporate governance and other general corporate matters.  Salley’s regulatory practice includes representation of clients before federal and state bank regulatory agencies and advice regarding financial reform, activities, applications, regulatory-driven restructurings, non-controlling investments, affiliate transactions (Regulation W), insider transactions (Regulation O), management interlocks (Regulation L) and international operations of U.S. banks and U.S. operations of non-U.S. banks (Regulation K).

Salley received his J.D. from Ohio State University Moritz College of Law and his B.A. from the University of Dayton.