May 21, 2024


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K&L Gates Adds Banking and Fintech Husband or wife in Boston | Information & Events

Boston – World regulation company K&L Gates LLP welcomes Grant F. Butler as a lover in the payments, banking regulation, and buyer economic solutions follow. Dependent in the firm’s Boston office, Butler delivers just about 15 a long time of encounter in the fiscal solutions marketplace with a certain concentrate in economic companies regulation, transactions, corporate governance, and compliance.

Butler has firsthand experience in how banks and fintech firms operate and has deep awareness of equally federal and condition prudential and buyer monetary regulation. He has encouraged foreign and domestic monetary institutions and fintech businesses on a variety of advanced regulatory issues these as Volcker Rule troubles, the Financial institution Holding Company Act, cash and liquidity necessities, charter option, point out loan company licensing, and the formation and regulation of condition chartered rely on corporations. His transactional expertise features money institution M&A, asset transactions, and lender partnerships.

Butler most recently served as government vice president, main legal officer, and secretary of Cognition Economic Corporation (formerly The Very first Marblehead Corporation), the place he was responsible for legal, compliance, and regulatory affairs and was head of the lawful, hazard, and compliance department, which bundled the legal, compliance, enterprise chance management, information protection, and internal audit groups.

Prior to becoming a member of Cognition Fiscal in 2017, Butler was a vice president and senior counsel at Condition Road Bank and Trust Organization, exactly where he offered lawful tips and guidance throughout State Street globally, specifically with regard to bank regulatory, compliance, and point out legislation problems. Beforehand, he was an associate in the economic companies team of a world law business, advising financial institutions on a wide variety of transactional and regulatory issues with specific emphasis on lender regulatory matters and economic establishment mergers and acquisitions. He also served as the outdoors common counsel and secretary of a non-income firm, taught a study course at Boston College University of Law’s Banking and Economical Legislation method, and participated in the drafting of money law statutes in Massachusetts and New Hampshire.

“Grant’s fintech and bank regulatory experience enhances and deepens the toughness of our current payments, banking regulation, and client monetary solutions group,” stated Michael Scanlon, co-chief of the firm’s world policy and regulatory practice space. “We are thrilled to welcome Grant to the firm.”

K&L Gates’ payments, banking regulation, and purchaser fiscal products and services group functions with purchasers in just about all aspects of payments, e-commerce, fintech, and retail banking solutions and providers. The crew has significant information of regular banking and payment goods this sort of as money transmission, credit, debit and pay as you go cards, payroll, ACH, service provider attaining, checks, remittances, and payment processing.

Chris Nasson, handling partner of the K&L Gates Boston workplace, commented: “We are excited to have Grant be a part of the Boston office. He is a initially-in-class banking and fintech lawyer who provides almost two decades of fingers-on experience of how banking institutions and fiscal products and services firms get the job done, and deep information in very-specialized parts of the law impacting our shoppers, this sort of as the a variety of features of prudential lender regulation and challenges relating to fintech providers. We appear ahead to partnering with Grant to apply his distinctive capabilities to provide consumers in Boston and across our international platform.”

Butler is among the more than 120 associates and of counsel K&L Gates has welcomed throughout its platform given that the commencing of 2020, together with, in Boston, a 10-man or woman patent team led by companions Hannah Koyfman, Ph.D. and David Lu, Ph.D., in March. 

K&L Gates is a absolutely built-in world wide legislation firm with lawyers found across 5 continents. The business represents foremost multinational firms, development and center-market companies, capital marketplaces individuals and business owners in each big field team as perfectly as community sector entities, educational institutions, philanthropic corporations and men and women.