Three GC perspectives on change

Three GC perspectives on change

Gloria Sánchez Soriano, head of transformation – legal department, Santander When our group general counsel (GC), Óscar García Maceiras, joined two years ago, he came with the idea of transforming the legal department. But Santander as a business is also in a huge process of transformation. Maceiras had a concern that we in our legal …

Corporations with benefits – Assessing the rise of US public benefit companies

Corporations with benefits – Assessing the rise of US public benefit companies

When looking for good in the world, corporate governance law is not the most obvious place to train your eye. However, there is a sizeable band of corporations – thousands, in fact – who have opted to start just there, using corporate governance as a springboard to the greater good. Shareholder primacy, often cast as …

Tom Johnson, Federal Communications Commission

Tom Johnson, Federal Communications Commission

I have always been attracted to public service. A number of my colleagues from my time at Gibson Dunn had gone on to serve as solicitors general in state attorney generals’ offices. Those offices provide unparalleled opportunities, such as the chance to argue appeals and challenge areas in which the federal government has exceeded its …

No more firsts – Reflections of the first female counsel to the White House

No more firsts – Reflections of the first female counsel to the White House

There can be few legal roles in the US of as much significance and substance as White House counsel. And when Beth Nolan jettisoned film school for law school, she had no idea her eventual career, including serving as White House counsel for President Bill Clinton – the first female to take on the role …

Asia GC perspective – Tencent on the dollar

Asia GC perspective – Tencent on the dollar

When Brent Irvin joined Tencent as group general counsel (GC) nearly nine years ago, the Chinese upstart was already a tech wunderkind, boasting revenue close to RMB20bn. But few foresaw the trajectory it would take from there: with dramatic growth in 2017, the company is now valued at more than $477bn. ‘We have always been …

Special territory: Fintech in Hong Kong

Special territory: Fintech in Hong Kong

‘You have to, to serve these markets, re-imagine how money can be managed and moved, because there’s going to be more change in the next five years in financial services than happened in the past 30.’ Dan Schulman, chief executive, PayPal Global investment in fintech companies hit an all-time high of US$27.4bn in 2017, an …

Grieve on Brexit: No great advantage

Grieve on Brexit: No great advantage

Alex Speirs: Now less than a year out from the UK’s scheduled withdrawal from the EU, how would you characterise the current state of negotiations? Dominic Grieve: They’re not going well at all. We are not talking the same language. The UK is seeking a bespoke deal recognising our past membership of the EU, our …

Banking on change

Banking on change

When the global financial crisis struck in 2008, the impact reverberated far beyond the traditional financial centres of the West. Initial speculation was that Asia would be relatively well insulated from the crisis due to the growing financial independence of the region. Instead, the effects hit at a speed and depth that surpassed all expectations. …