Davis Polk partner Randall Guynn served as editor and counsel Karen Pelzer contributed to Regulation of Foreign Banks & Affiliates in the United States (eighth edition), which discusses federal and state laws governing foreign banks in the United States and the international operations of domestic banking institutions, examining every aspect of the field, from entry requirements to permissible activities to taxation. The book offers an extended analysis of the impact of Dodd-Frank and its implementing regulations, reflecting the profound changes that are reshaping the banking industry and how they affect the operations of foreign banks. It covers the federal regulatory structure for foreign banks and the foreign acquisition of U.S. banks.