In addition to advising banks and fintechs on federal and state banking regulations and requirements under Dodd-Frank and Basel III and the regulatory requirements of transactions and bank alliances, Cravath, Swaine & Moore LLP‘s Washington DC-based financial regulatory team also supports clients with their crypto-asset dealings. Under the leadership of Jelena McWilliams, who took up the role following David Portilla’s departure in April 2023, the team is frequently called upon to handle disputes arising out of regulatory issues. The arrival of Jeffrey Dinwoodie, also in April, from JPMorgan Chase’s team, saw the firm augment its finance and crypto-asset regulatory practices, and he is also noted for his experience in supporting industry bodies in relation to policy initiatives.
Key clients
- Citi
- Cowen
- Dfinity
- Global Financial Markets Association
- Goldman Sachs
- Morgan Stanley
- Nomura
- Robinhood
- Silvergate
- Thrivent
Work highlights
- Advised Silvergate in connection with its voluntary self-liquidation and related bank regulatory, investigative, securities and restructuring matters.
- Advised Cowen on regulatory issues in connection with its $1.9b acquisition by Toronto-Dominion Bank.
- Assisted Jefferies with bank regulatory matters in connection with the expansion of its strategic alliance with Sumitomo Mitsui Banking Corporation.
Practice head
The lawyer(s) leading their teams.
Jelena McWilliams