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    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises BNP Paribas on $16.3 Billion Sale of Bank of the West

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    December 23, 2021

    In the largest U.S. banking deal of the year to date, BNP Paribas has agreed to sell Bank of the West, its U.S. retail and commercial banking business, to BMO Financial Group for a base price of $16.3 billion in cash. BNP Paribas will retain its other businesses in the United States, including its corporate and institutional banking franchise. The deal was announced December 20.

    Bank of the West is a California-chartered bank with approximately $105 billion in assets and a footprint in 24 states.

    The S&C team advising BNPP includes Rodge Cohen, Mitch Eitel and Jared Fishman. Eric Wang and Jameson Lloyd are advising on tax matters. Jeannette Bander is advising on executive compensation matters. Justin Orr is advising on intellectual property matters. Joe Matelis, Juan Rodriguez and Eric Queen are advising on antitrust and competition matters. Matt Brennan is advising on environmental matters. Olivier de Vilmorin is advising on French law matters.

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    Jeannette E. Bander Headshot Photo
    Jeannette E. Bander
    New York
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    Matthew J. Brennan Headshot Photo
    Matthew J. Brennan
    New York
    +1-212-558-4724
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    H. Rodgin Cohen Headshot Photo
    H. Rodgin Cohen
    New York
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    Mitchell S. Eitel Headshot Photo
    Mitchell S. Eitel
    New York
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    Jared M. Fishman Headshot Photo
    Jared M. Fishman
    New York
    +1-212-558-1689
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    Jameson S. Lloyd Headshot Photo
    Jameson S. Lloyd
    New York
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    Joseph J. Matelis Headshot Photo
    Joseph J. Matelis
    Washington, D.C.
    +1-202-956-7610
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    Juan Rodriguez Headshot Photo
    Juan Rodriguez
    London
    +44-20-7959-8900
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    S. Eric Wang Headshot Photo
    S. Eric Wang
    New York
    +1-212-558-3328
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    Olivier de Vilmorin Headshot Photo
    Olivier de Vilmorin
    Paris
    +33-1-73-04-10-00
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