Covington Boosts Global Financial Services Offering with David Berman
October 2, 2023
LONDON—David Berman has joined Covington as a partner to spearhead its Financial Services Practice in London.
David advises a range of financial institutions on key regulatory compliance and investigations matters, and frequently counsels boards and senior management teams on significant regulatory issues. He specializes in tactical and strategic issue prevention, containment, and resolution, and has an outstanding track-record of achieving optimal outcomes for clients. David will lead Covington’s financial services practice in London, working alongside the firm's leading financial institutions litigation, transactional, and regulatory practice in the United States, as well as the firm's offering across EMEA.
David has extensive experience across a wide spectrum of regulatory, investigations, compliance, and transactional issues, including market conduct, whistle blows, culture and conduct, risk management, systems and controls, internal investigations, individual accountability, governance, conflicts of interest, inducements, regulatory aspects of transactions, remediation and redress exercises, and conduct of business regulation generally. David has also acted as a “skilled person” under Section 166 FSMA 2000. He is recommended by Chambers UK and Legal 500 UK.
“As the world grapples with an increasing number of geopolitical, environmental, socio-economic and commercial challenges, clients in the financial services industry are seeking an ever more sophisticated understanding of the global regulatory landscape as it applies to their business,” said Mike Nonaka, co-chair of the firm’s Financial Services Group. “David's experience across a broad range of specialisms, including regulatory compliance, governance, individual accountability, risk management, and culture and conduct, will be a valuable addition to Covington’s financial services practice in London and globally.”
“I was taken by Covington's strategic vision for creating a truly pre-eminent cross-Atlantic financial services regulatory practice – renowned for offering the highest levels of technical excellence and commerciality, and servicing the whole spectrum of clients' increasingly complex and rapidly-evolving needs,” said David. “I look forward to further building on the firm's success advising institutions in the financial services sector across EMEA and globally.”
David is a graduate of Leeds University and holds an LL.M. from King's College London. He is admitted to practice in England and Wales.
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