Financial Institutions Regulatory (Banking)

Skadden’s Financial Institutions Regulatory Group is dedicated to handling strategic transactions and regulatory matters in the financial services space. We draw on decades of deep sector experience, including in government and in-house positions, to advise on the full range of regulatory, transactional, enforcement and supervisory matters affecting U.S. and international financial institutions.

Our clients include large and regional banking organizations, non-U.S. banks, nonbank lenders and consumer finance companies, financial technology companies, asset managers and investment advisers, investment banks and broker-dealers, insurance companies, money transmitters and payments companies, financial market utilities and private equity and investment funds.

Comprehensive guidance from industry authorities. We understand the market and the key business, financial, competitive and regulatory drivers of transactions in the industry. Our attorneys have significant experience handling all types of transactions, such as mergers, acquisitions, controlling and noncontrolling investments, joint ventures, consortium arrangements, restructurings and reorganizations.

Our team advises clients on governance, regulatory capital, capital markets and securities law matters, including in connection with capital raising, public offerings, structured instruments and reporting requirements. We help clients form new entities, obtain charters, and develop novel products and services.

Skadden also has deep experience helping fintech clients navigate all aspects of a constantly evolving regulatory framework, including in connection with their partnerships with banking organizations.

Deep engagement with U.S. and international regulators. We work with all the major U.S. financial regulators, including the federal banking regulators (the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation), the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, the Office of Foreign Assets Control and the Consumer Financial Protection Bureau. We also represent clients before key state financial regulators (e.g., the New York State Department of Financial Services and California Department of Financial Protection and Innovation) and the financial regulators in many European jurisdictions. Our team also regularly helps clients navigate examinations and other supervisory matters.

Skadden has represented clients in submitting applications under the Bank Holding Company Act, Bank Merger Act, Change in Bank Control Act and Home Owners’ Loan Act, as well as on issues involving capital and liquidity requirements, enhanced prudential standards, fair lending and consumer protection laws, privacy regulations, the Community Reinvestment Act and similar matters.

Legislative and regulatory tracking and reform. Our team monitors legislative developments in the U.S. Congress, including proposals for restructuring and reforming the financial regulatory regime. We also counsel clients on all aspects of financial regulatory reform, including legislative and regulatory developments impacting financial services companies.

Rankings and recognition. Skadden is a leader in the financial services space. We ranked first by deal value for global financial services M&A over the last decade when advising principal parties (Mergermarket, 2014-23). Our financial institutions regulatory work is ranked in the top tier by Best Law Firms and IFLR1000. In addition, Chambers USA and Chambers Global have repeatedly named Skadden and our attorneys as leaders for our financial regulatory work in the areas of banking, consumer finance and financial institutions M&A.