Maureen D. Donovan
Maureen D. Donovan advised financial institutions on issues relating to the structure, operation and maintenance of investment funds and financial products, which are targeted at institutional and individual customers and their affiliates. She focused at the intersection of tax, fiduciary, securities and other regulatory issues that occur in these offerings.
Maureen represented banks, broker dealers, insurance companies, investment advisors and ERISA funds for many years. This experience gave her a detailed understanding of the sector, and insight into the complex legal challenges that financial institutions and their brands continue to face.
She was called upon by institutional clients to oversee risk assessment and provide management and board counselling with respect to the broad fiduciary issues that extend beyond the limits of primary functional regulators. She also provided preventative counselling to avoid regulatory problems and litigation from today's increasingly sophisticated consumers.
Clients to have benefited from Maureen's advice include Deutsche Bank, UBS, Citigroup Private Bank, Goldman Sachs Trust Company and legacy institutions, which are now part of JPMorgan Chase.
Maureen was frequently called upon to speak to professional groups and boards. She presented to the Staff of the US Securities and Exchange Commission, regarding banks' applications of fiduciary standards to protect the recipients of their services. She also spoke to groups including the International Association of Financial Engineers on the subject of industry fiduciary risk.
In addition to her extensive practice experience, Maureen served White & Case in a leadership role for eight years, as Administrative Partner, during a period in which the Firm doubled in size.
Maureen was active in a number of board memberships. She served as Vice Chair at New York's St. Barnabas Hospital beginning in 1998, and as Chair of the Finance Committee beginning in 1997. She was a member of the Board of the Deutsche Bank Microfinance Development Fund beginning in 2010, and served on the Board of UBS Trust Company (f/k/a Swiss Bank Trust Company) from 1999 to 2004.