RubinaAli (Rubi)

Of Counsel

New York + 1.212.326.3631

Rubi Ali has a decade of fixed income and equity derivatives transactional and regulatory experience after serving as in-house counsel at two of the most prestigious investment banks in the world. Rubi has an in-depth understanding of the legal challenges faced by financial institutions in the current financial climate, and she is a trusted legal advisor on complex corporate transactions and regulatory policy issues involving financial services companies.

Rubi has experience in the full range of complex cross-border financial transactions and works with financial institutions, investment funds, and corporations on structuring, negotiating, and documenting transactions such as deal contingent hedges, risk participation agreements, rate caps, master repurchase agreements, and complex hedging structures to mitigate against equity, interest rate, or currency risk.

She also advises on regulatory matters, investigations, and litigation affecting global financial institutions, issuers, borrowers, funds, asset managers, and fintech companies.

Rubi advises clients on the treatment of derivatives under bankruptcy and other insolvency laws and on netting and enforceability of collateral arrangements under derivative agreements. In addition, she has represented major market participants in connection with the termination and close-out after default.

She has represented financial institutions subject to inquiries or formal investigations by regulators and has participated in industry-wide advocacy efforts involving rulemaking under the Dodd-Frank Act.

Prior to joining Jones Day in 2022, Rubi was vice president and senior counsel for the Fixed Income Derivatives Group within the Global Markets Division at Goldman Sachs. In addition, she served as vice president at Barclays Capital, where she was a member of the Equity Derivatives Group. At the start of her career, Rubi was an associate in the New York office of a global law firm.


  • Digital Bridge Holdings provides $345 million senior secured construction loan to build data center facility in Atlanta, GeorgiaJones Day represented Digital Bridge Holdings, LLC, a leading provider of colocation, interconnection and data services, in connection with a $345 million senior secured construction loan to build a data center facility in Atlanta, Georgia.
  • Swap dealer receives advice related to financial product characterizationJones Day is advising a swap dealer in connection with appropriate characterization of various trading strategies and products as (1) swaps, (2) security-based swaps, (3) mixed-swaps, (4) securities, or (5) other products.
  • Three banks enter into agreements with JAB Holdings B.V. to increase JAB’s exposure to Coty Inc. by approximately $480 millionJones Day represented three banks in share purchase transactions entered into with their client, JAB Holdings B.V., under a total return swap (TRS) contract.
  • Syndicate of banks enter into share buyback program of approximately $200 million in calendar year 2025Jones Day represented a syndicate of banks in share buyback transactions entered into with their client, Coty Inc., under a total return swap (TRS) contract.