Global law firm White & Case LLP today announced the expansion of its financial institution advisory (FIA) practice with the arrival of Kevin Petrasic as a partner in its Washington, DC office. The Firm's FIA practice is an integral part of its Global Banking Practice, and Petrasic will lead the FIA practice to help the Firm achieve its strategy of strengthening and further expanding its already significant global FIA capabilities.
"As a result of the last financial crisis, banks and financial institutions are facing ever-increasing scrutiny from regulators," said Eric Berg, Head of White & Case’s Global Banking Practice. "Kevin's deep bank regulatory experience and his on-the-ground knowledge of the legislative and regulatory processes in our nation’s capital further enhance our ability to assist clients in navigating the complex overlay of laws and regulations they must deal with, particularly the Volcker Rule and other Dodd-Frank Act rules and regulations."
Petrasic advises banks and financial services firms on regulatory, legislative, transactional, bank insolvency, compliance, supervisory, enforcement and policy issues and matters, as well as federal securities and commodities laws. He works with national and international financial firms, including national retail securities brokers, insurance companies and payment services firms, on a wide array of issues under federal and state banking laws, as well as issues within the jurisdiction of the US Consumer Financial Protection Bureau. In recent years, his practice has expanded to include matters involving cyber security, virtual currencies and online banking.
Petrasic, formerly a partner with Paul Hastings, also has extensive experience providing counsel on credit card and consumer financial compliance laws, data privacy and protection, swaps and derivatives regulations, mergers and acquisitions, and corporate governance matters.
Prior to private practice, he held various positions at the US Treasury Department’s Office of Thrift Supervision, including Assistant Chief Counsel. He was Counsel in 1994 to the US House Banking Committee on the Interstate Banking Act and the Community Development and Regulatory Improvement Act.
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