The ‘flexible and very client-focused’ team at Baker McKenzie provides ’insightful and commercially minded advice’ to an eclectic mix of financial services clients, including banks and individuals facing complex and high-profile regulatory enforcement cases and internal and external investigations. Drawing upon a ‘wealth of experience and technical knowledge’, developed both in private practice and in-house at a leading bank, Jonathan Peddie is very sensitive to the commercial realities of clients in the space and is adept at advising on both civil and criminal matters. Philip Annett has ’excellent regulatory insight’, in part due to his former work at the FCA, and is favoured by clients for his ‘very user-friendly and commercial’ advice for clients often involving cross-border issues.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team is knowledgeable, flexible and very client focused. I would highly recommend both the team and the firm.'
  • 'They provide insightful and commercially minded advice.'
  • 'Jonathan Peddie is a first-rate partner with unrivalled client relationship skills and a wealth of experience and technical knowledge. He is a very experienced and demonstrates sound judgement and provides expert advice. Philip Annett is an excellent partner who is always available to chat through issues, providing sound advice. Philip is someone you know will always go the extra mile.'
  • 'Jonathan Peddie has a wide and deep knowledge of the banking and financial services sector. He really cares about achieving the best outcomes for his clients and is a joy to work with.'
  • 'Philip Annett is an excellent partner who is always available to chat through issues, providing sound advice. Philip is someone you know will always go the extra mile.'
  • 'Philip Annett is one to watch for the future - very user-friendly and commercial, with excellent regulatory insights.'
  • 'Philip Annett is a masterful lawyer with a wealth of experience in this area. He keeps his head when everyone else is losing theirs! Having previously worked at the Financial Conduct Authority, he possesses an unrivalled depth of experience, insight and skills in the financial services world. He knows every inch of the financial services world and brings that hugely valuable experience to the fore when issues arise in cases. He has a great command of the commercial realities and issues which arise for clients and provides fantastic advice to them. Clients love him. He is a tireless champion of a client’s case and his gives his all for the client.'
  • 'Baker McKenzie has always been a name that stands out amongst my peers as a highly credible firm to work with and since my engagement with Baker McKenzie London, my expectations have not failed me. The firm has been a real pleasure to work with and I would highly recommend them to anyone considering a switch.'

Key clients

  • Metro Bank

Work highlights

  • Acting for senior executives of Metro Bank subject to FCA and PRA investigations into the circumstances and events that led to a widely publicised risk-weighted assets adjustment (or material accounting adjustment) for the bank in January 2019 and subsequent enforcement actions.

Lawyers

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Jonathan Peddie, Mark Simpson

Other key lawyers

Philip Annett, Shaneil Shah