Margaret E. Tahyar
Ms. Tahyar is a partner in Davis Polk’s Financial Institutions Group. Her practice focuses on providing strategic bank regulatory and financial regulatory reform advice and advising on bank M&A and recapitalizations and capital markets transactions where the target or issuer is a financial institution. She also advises on corporate governance and securities settlement systems and payment systems. Ms. Tayhar also frequently works on enforcement matters before financial regulatory agencies and is a member of the FinTech Practice Group.
Her clients on the Dodd-Frank Act and its regulatory implementation have included all of the United States’ six largest banks, many non-U.S. banks and SIFMA. Ms. Tahyar has worked on almost two dozen living wills for clients ranging from the largest and most complex organizations to smaller regional banks. She is currently advising a wide range of banking organizations on the Volcker Rule.
From 1997 to 2009, Ms. Tahyar worked in the Davis Polk Paris and London offices and frequently advises on the international aspects of transactions and regulatory reform.
In addition to her full-time practice, she teaches financial regulation as an adjunct Lecturer-in-Law at Harvard Law School and is a co-author of the forthcoming Financial Regulation and Practice (Foundation Press).
SLM Corporation (Sallie Mae) in connection with the strategic separation of its loan management, servicing and asset recovery business, known as Navient, from its consumer banking business
RBS in connection with the global criminal and regulatory FX matters
Sterling Financial Corporation in connection with its $2 billion merger with Umpqua Holdings Corporation
- Banco Bilbao Vizcaya Argentaria, S.A. in connection with its $500 million sale of its Puerto Rican operations to Oriental Financial Group Inc.
- Ameriprise Financial in connections with its sale of its deposits to Barclays and its debanking
- ABN AMRO on its $21 billion sale of LaSalle Bank and its $101 billion acquisition by a consortium consisting of RBSG, Fortis and Santander
- Synovus on its capital raise, including an $806 million stock offering and a $345 million offering of tMeds
- Citi on the international regulatory aspects of the conversion into common stock of up to $58 billion of preferred stock held by the U.S. government and private investors
- ICICI on all aspects of U.S. securities laws related to its NYSE listing and 144A offerings
In addition to her full-time practice, Ms. Tahyar has taught as an adjunct professor at Columbia Law School and Harvard Law School.
- Named one of The National Law Journal's "Outstanding Women Lawyers" in 2015
- Named a "Banking MVP of the Year" – Law360 2014
- Chambers Global
- Chambers Europe
- Chambers USA
- Award Winner, The Burton Awards for Legal Achievement 2009 Distinguished Writing – Law Firm
Co-Author, Financial Regulation and Practice (Foundation Press)
- Editor, Davis Polk Financial Crisis Manual
- Co-Author, “Foreign Banks as U.S. Financial Holding Companies” (Chapter 11), Regulation of Foreign Banks and Affiliates in the United States (8th ed.)
- Co-Author, “That Which We Call a Bank: Revisiting the History of Bank Holding Company Regulation in the United States,” Review of Banking & Financial Law, Vol. 31, 2011-2012
- Co-Author, “Transparency and Confidentiality in the Post Financial Crisis World – Where to Strike the Balance?” Harvard Business Law Review, Vol. 1, August 2011
- Co-Author, Credible Living Wills: The First Generation, Davis Polk and McKinsey & Co., April 2011
- Author of numerous articles and a frequent speaker at conferences
- Member, Board of Advisors, University of North Carolina Law School’s Center for Banking & Finance
- Vice Chairman, Banking Law Subcommittee on International Banking, American Bar Association
- Partner, 1997-present
- Associate, 1989-1997
- New York office, 2009-present; 1995-1997
- Paris office, 2002-2009
- London office, 1997-2002
- Washington DC office, 1989-1995
- Law Clerk, Hon. Thurgood Marshall, U.S. Supreme Court, 1988-1989
- Law Clerk, Hon. Robert H. Bork, U.S. Court of Appeals, D.C. Circuit, 1987-1988
Articles and Books
Weak Consumer Exams Are Holding Up M&A Deals | Bank Director, September 15, 2014
How to Design a Volcker Rule Trading Compliance Program
Compliance Reporter, Vol. XXI, No. 2
Foreign Banks as U.S. Financial Holding Companies (Chapter 11, Co-Author) | Regulation of Foreign Banks and Affiliates in the United States (7th ed.)