PwC Legal hires Mayer Brown's former German chief in financial services drive

PwC Legal is developing its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken, as the firm attempts to build a financial services offering outside of the US.
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PwC plans to enhance its capabilities in financial services

Wulfken will lead the firm’s nationwide practice group for banking, insurance and investment and will start in early July. He joined Mayer Brown from Clifford Chance in 2002 and went on to work in management, including as managing partner of the firm’s German offices and sitting on its Asian board. Wulfken is experienced in representing arrangers, funds, issuers and lenders and the German Government in finance deals, M&A and securitisations. Hans-Ulrich Lauermann, PwC global banking & capital markets tax head, told Legal Business  that the move was part of the firm's strategy to build a sizeable financial services legal network outside the US. Source: Legal Business

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