Katten's experienced Banking attorneys handle high-level matters for a broad client base that includes banks (both domestic and foreign), savings associations, credit unions, trust companies and their parent holding companies, as well as entities that desire to invest in or purchase financial institutions.
Armed with a deep understanding of our clients' business and extensive knowledge of the banking laws and regulations, our Banking team provides practical advice, guiding clients through all aspects of their most significant compliance challenges and their most important business products and transactions. Our strong track record of capital raises and successful merger and acquisition transactions includes both public (SEC-registered) and private offerings, acquisitions of healthy and troubled institutions, and branch acquisitions and sales. We also advise our clients on transactions with affiliates and the formation of new banks and thrift institutions, as well as on matters of corporate governance, compliance and securities regulation. The group has extensive experience in electronic payment networks, network processing and network participation agreements, and innovative uses of electronic funds transfers. We counsel numerous clients in the area of credit card operations, assisting with private label card agreements and consumer documentation and in addressing issues related to Internet commerce, lending and sales.
Our experienced team of counselors, which includes former regulatory agency officials, represents financial institutions in matters arising before the Comptroller of the Currency, the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, the Federal Home Loan Bank (FHLB) System and state bank regulatory agencies, as well as the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC). We advise clients on their obligations under the bank regulatory provisions of the Dodd-Frank Act (including the Volcker Rule) and assist them in navigating issues arising under the USA Patriot Act, the Bank Secrecy Act, the Gramm-Leach-Bliley Act, the Bank Holding Company Act and the Home Owners’ Loan Act.