Keith Noreika is a leading bank regulatory attorney, advising domestic and international financial institutions on regulatory issues for nearly 20 years. As part of the Firm’s Financial Institutions Practice, he works extensively with all federal bank regulatory agencies. Keith has been recognized as a leader in his field by Chambers USA in “Financial Services Regulation: Banking Compliance” since 2014.
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Work Highlights
- Lead regulatory attorney in Ant Financial Services Group’s announced acquisition of MoneyGram International Inc. for approximately $880 million
- Lead regulatory attorney in The Toronto-Dominion Bank’s announced acquisition of Scottrade Bank for $1.3 billion, and in the related acquisition by TD Bank’s affiliate, TD Ameritrade, of Scottrade’s brokerage business for $2.7 billion
Experience prior to Simpson Thacher includes:
- Representing several multinational banks in implementing compliance with provisions of the Dodd-Frank Act, including the Volcker Rule (with a special focus on requirements applicable to foreign bank and foreign bank affiliate activities); National Bank Act preemption provisions; amendments to the Bank Holding Company Act; and the establishment of the Bureau of Consumer Financial Protection (CFPB)
- Representing several non-US banks in the structuring and restructuring of their US operations including related mergers and acquisitions and US regulatory applications associated with these corporate transactions
- Representing several private equity funds in advising with respect to investments in banks and bank holding companies, including related US regulatory applications associated with these investments
- Representing, in the U.S. Supreme Court, the U.S. Courts of Appeals, and the U.S. District Courts, several large national banks in their federal preemption challenges to states’ assertions of regulatory and supervisory authority over the activities of national banks’ operating subsidiaries
Accolades
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BTI Client Service All-Star, Financial Services Litigation (2015)
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Best Lawyers in America, Banking & Finance (2014-2016)
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Chambers USA - America's Leading Business Lawyers, Financial Services Regulation: Banking (Compliance) (2014-2016)
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Legal 500 US, Financial Services: Regulatory (2014-2015)
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Washington DC Super Lawyers, Banking (2013-2015)
Education
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Harvard Law School, 1997 J.D.
Harvard Law Review, Editor
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The Wharton School, University of Pennsylvania, 1994 B.S.
Associations
- Edward Coke Appellate Inn of Court
Admissions
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Texas 1997
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District of Columbia 1998
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Pennsylvania 2010 (inactive)
Keith Noreika is a Partner in Simpson Thacher’s Washington, D.C. office and a member of the Firm’s Financial Institutions Practice. Keith’s practice focuses on banking regulation and related litigation. He advises a wide range of domestic and international financial institutions on regulatory issues relating to mergers and acquisitions, minority investments, capital issuances, structuring and compliance activities, and litigation matters, particularly in the area of federal preemption. Keith works extensively with all federal bank regulatory agencies.
Keith’s extensive experience includes advising regional, multinational and other banks on the structuring of their U.S. operations, including compliance with the Volcker Rule and Consumer Financial Protection Bureau regulations, Bank Secrecy Act and anti-money laundering rules, as well as transactional matters and related regulatory applications. He has recently worked as the lead regulatory attorney in connection with Ant Financial Services Group’s announced acquisition of MoneyGram International Inc. and The Toronto-Dominion Bank’s announced acquisition of Scottrade Bank. He has counseled numerous private equity funds with respect to investments in banking organizations. In addition, Keith has represented large national banks before the U.S. Supreme Court, the U.S. Courts of Appeals and the U.S. District Courts in connection with federal preemption challenges to states’ assertions of regulatory and supervisory authority over the activities of operating subsidiaries.
Keith has been an adjunct faculty member at the University of Pennsylvania Law School and the University of Virginia School of Law. He is a co-author of the treatise Regulation of Foreign Banks & Affiliates in the United States. Keith has been recognized as a leader in his field by Chambers USA in “Financial Services Regulation: Banking Compliance” since 2014. He received his J.D. in 1997 from Harvard Law School, where he was editor of the Harvard Law Review. He earned his B.S. from The Wharton School of the University of Pennsylvania in 1994.