Press releases | 25 Sep 2015

A new hire for our Derivatives and Structured Products practice

Overview

Travers Smith LLP has announced today the recruitment of David St Clare Nelson as a consultant in the firm’s Derivatives and Structured Products practice.

David is a highly regarded finance expert, with over 25 years’ experience working in the derivatives and structured finance industry, including in London, Chicago and Hong Kong. He has in-depth expertise in the field, with extensive knowledge of derivatives documentation including the ISDA, CSA, GMSLA and GMRA, and experience of prime brokerage dating back to 1992, when he drafted the first PB Master Agreement in the London market for Lehman Brothers.

His previous appointments include Global Head of Documentation at Deutsche Bank (in Hong Kong and London), Head of Documentation and Deputy General Counsel at Egg Banking plc, and Senior Legal Counsel at Lehman Brothers in London.  He has also worked on a consultancy basis for Citadel Investment Group in Chicago, Anglesea Funding plc, Mitsubishi Finance, Kaupthing Singer & Friedlander, Hermes Investment Management Limited and Credit Suisse and recently established the derivatives documentation function at Wells Fargo Bank NA in London.  

Peter Hughes, head of Travers Smith’s Derivatives and Structured Products practice, commented:

An ongoing wave of regulatory initiatives and an increasing need for structured product providers to generate innovative solutions to reduce risk are having a profound impact on the structured finance market. Our Derivatives and Structured Products practice has been operating very successfully in this fast-paced environment, growing and diversifying its portfolio of work year after year.

With his combination of commerciality and technical gravitas David St Clare Nelson will add further depth to our existing capability and we are delighted to welcome him to the team. His arrival will enable us to grow our practice further and strengthen our position to meet the growing needs of our clients.”