Matthew Biben, who was co-chair of Gibson, Dunn & Crutcher’s financial institutions practice, has moved to King & Spalding as a partner in New York, the Atlanta-based firm said Tuesday.

The move is one of the most prominent hires for King & Spalding this year, as it looks to continue to expand outside its Southeast base into high-rate markets, including New York. Meanwhile, the exit continues a stream of high-profile lawyer exits out of Gibson Dunn this year amid a change in its partner compensation system, even as the firm has brought on a series of new hires.