Jones Day has bagged a role alongside a clutch of leading New York firms on a $7bn (£3.5m) fundraising by US lender National City.

Sullivan & Cromwell advised Cleveland-based National City alongside Jones Day, while Simpson Thacher & Bartlett advised Corsair Capital, the largest single investor. Cleary Gottlieb Steen & Hamilton also landed a role advising Axon, another of the investors.