Provides bank regulatory advice to U.S. and non-U.S. financial institutions, including on financial services reform, regulatory implementation and living wills.
Eric provides bank regulatory advice, including on financial services reform, regulatory implementation and the preparation of living wills. He has advised clients on the Bank Holding Company Act, the National Bank Act, the Home Owners’ Loan Act, and various other statutes and regulations applicable to financial institutions. His clients include U.S. and non-U.S. SIFIs, regional banks, non-bank subsidiaries of BHCs and investors in financial institutions.
Eric also advises U.S. and non-U.S. financial institutions on capital markets and M&A transactions, as well as on compliance, enforcement and corporate governance matters. He also advises on the existing and emerging cybersecurity and data privacy regulatory framework applicable to financial institutions.
Earlier in his career, Eric was a senior associate in the assurance practice of PricewaterhouseCoopers, where he worked on the audits of public and private companies in the energy, utilities, manufacturing and telecom sectors.
Bank Regulatory and Financial Regulatory Reform
- Eric is active in providing regulatory advice to clients regarding:
- Authority and control matters under the Bank Holding Company Act
- Preparation of regulatory applications and notices
- Regulation W and Sections 23A and 23B of the Bank Holding Company Act
- Confidential treatment under FOIA, confidential supervisory information and attorney-client privilege in the banking sector
- Advised several U.S. G-SIBs on the preparation of their living wills
- Advised GE Capital on the rescission of its nonbank SIFI designation
- Advised a regional bank client on the establishment of an Edge Act corporation and the expansion of its international operations
Capital Markets and Mergers & Acquisitions
- Citizens Financial Group’s $3.4 billion IPO and separation from the Royal Bank of Scotland, as well as subsequent secondary offerings
- Establishment of medium-term notes, commercial paper and structured CD programs for U.S. banks and U.S. branches of foreign banks
- IPOs and other registered offerings by several community banks and online lenders
- Several dispositions by GE Capital, including the sale of its:
- Global Commercial Distribution Finance, North American Vendor Finance and Corporate Finance platforms, which together included approximately $32 billion of assets, to Wells Fargo
- Transportation Finance business, which included approximately $8.7 billion of net earning assets, to BMO Financial Group
- Health Care Financial Services U.S. lending business to Capital One for approximately $9 billion and $8.5 billion of healthcare-related loans
- cum laude
- Robert McKay Scholar
- Notes Editor, NYU Journal of Law and Business
- summa cum laude
- Partner, 2021-present
- Counsel, 2020-2021
- Davis Polk since 2012
- PricewaterhouseCoopers, 2005-2008
Qualifications and admissions
- State of New York