Jones Day has secured a boost for its Paris office with the hire of a five-strong Gide Loyrette Nouel finance team led by derivatives heavyweight Alban Caillemer du Ferrage.

Caillemer du Ferrage, who was head of derivatives and market infrastructure at Gide before joining the US firm today (8 October), is considered one of the top derivatives advisers in the French legal market.

He specialises in regulatory, structuring and collateral issues relating to OTC derivatives and structured repos and advises on clearing, repository and disclosure matters. The derivatives specialist specialist – who is top-ranked for derivatives by Chambers and Partners – is the International Swaps and Derivatives Association counsel for France has worked with clients including independent clearing house LCH Clearnet.

He is joined at Jones Day by of counsel Qian Hu, counsel Karole-Anne Sauvet, and associates Clement Saudo and Mathilde Nicand.

The team will work closely with lawyers in London led by banking and finance co-chair Edward Nalbantian, and the New York team led by Jayant Tambe, co-head of the firm's financial institutions, litigation & regulation practice.

Nalbantian commented: "With experience in matters related to both disputes and transactions, they provide a perspective that will be of immense value to all our clients whether financial institutions, funds, or end-users."

The hires comes amid an expansive period for Jones Day's European practice. Earlier this year, the US-based giant grew its litigation and arbitration practice with the addition of Paris partner Jean-Pierre Harb from Baker & McKenzie.

Jones Day also earlier this year set up its third German office in Duesseldorf and confirmed plans to launch in Amsterdam in early 2013. The firm also expanded its City litigation practice in the summer with the hire of Christopher Braithwaite and Baiju Vasani from Simmons & Simmons and Crowell & Moring respectively.

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