https://www.law.com/americanlawyer/2024/01/18/latest-norton-rose-fulbright-departure-sees-fintech-practice-head-relocate-to-steptoe/
NEWS
“One troubling fact was that it was never explained internally, even to partners, why our global C-suite all the sudden departed in a short period of time,” Stephen Aschettino said of his former firm. “The reasons for that have never been articulated.”
January 18, 2024 at 03:34 PM
5 minute read
What You Need to Know
- Norton Rose Fulbright’s head of fintech moved to Steptoe this month, joining a fleet of financial services regulatory lawyers recently hired by the firm.
- Stephen Aschettino follows a string of departures from Norton Rose Fulbright in the wake of the sudden resignation of its CEO.
- Aschettino seeks to capture the growing demand for regulatory and litigation services from clients in the financial services industry.
The leader of Norton Rose Fulbright’s U.S. fintech practice this week relocated to Steptoe, the latest in a string of exits by leaders from the global verein. On his new platform, partner Stephen Aschettino said he seeks to capture the growing wave of demand from global financial servicers for regulatory help in developing digital payment solutions.
Aschettino’s move to Steptoe comes after Norton Rose Fulbright saw a series of departures from its C-level leadership team in the wake of the sudden departure of global CEO Gerry Pecht in September.
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