September 20, 2017 - 8:35am

King & Spalding added former longtime Deutsche Bank AG general counsel and U.S. Securities and Exchange Commission enforcement chief Richard Walker as a New York-based partner in the firm's special matters and government investigations group, the firm said Tuesday.

Walker comes to King & Spalding after retiring in 2015 from Deutsche Bank, where he served as global GC during a 14-year stretch that included the global financial crisis and, in its wake, a series of regulatory crackdowns and fines on many of the world's largest financial institutions. Although Walker had already left Deutsche Bank by this point, the company agreed in January to pay $7.2 billion to resolve the U.S. Justice Department's claims that the company misled investors regarding its dealings in residential mortgage backed securities in 2006 and 2007.

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