Paul, Weiss Adds Leading Bank Regulatory Partner in Washington
November 13, 2023 Read the press release
Paul, Weiss, Rifkind, Wharton & Garrison LLP announced today that Jarryd E. Anderson, a nationally prominent bank regulatory lawyer, has joined the firm as co-chair of the Financial Services Group and a partner in the Corporate Department. Anderson, who will be resident in Washington, D.C. and New York, advises U.S. and non-U.S. banking organizations, non-bank financial institutions, asset managers and financial technology companies on mergers and acquisitions, governance and regulatory, supervisory and enforcement matters.
“We are thrilled to welcome Jarryd to our partnership,” said Paul, Weiss Chairman Brad S. Karp. “Jarryd is highly regarded across the banking industry for his sophisticated understanding of the financial services regulatory landscape, and he will be a wonderful resource to the firm and our clients.”
“Jarryd offers broad experience across the bank regulatory area, including from his private practice and from previous senior in-house positions at two global banks, a leading banking trade association and the Federal Reserve,” said Global Finance and Capital Markets Co-Chair Gregory A. Ezring. “Clients will benefit greatly from Jarryd’s experience spanning all aspects of the regulatory framework.”
Anderson advises clients on a vast range of issues in support of their most critical transactions, business opportunities and corporate governance matters. He regularly counsels clients on issues arising under the key U.S. banking laws, including the Dodd-Frank Act, the Bank Holding Company Act and the Change in Bank Control Act. He also advises on bank powers and activities; affiliate transactions; chartering, licensing and expansionary proposals; capital and liquidity requirements; Volcker rule compliance; anti-money laundering; and other areas of regulatory scrutiny.
“Jarryd’s expertise bolsters our ability to service our clients across the firm in their most complex strategic, transactional and financial regulatory matters,” said Anastasia V. Peterson, co-chair of the Financial Services Group. “I couldn’t be more excited to co-lead the group alongside him, delivering to our clients across the financial services industry the nuanced, commercial advice they look to us for.”
In addition to his experience as a partner at another large law firm, Anderson served as a regulatory policy advisor in the Division of Supervision and Regulation of the Board of Governors of the Federal Reserve System, helping implement significant aspects of the Dodd-Frank Act and other high priorities for the agency, including the Federal Reserve’s post-crisis recovery and resolution planning framework, rulemakings and interagency and cross-border policy development. He also served in the Legal Department and Supervision, Regulation and Credit Department of the Federal Reserve Bank of Philadelphia.
Following his time at the Federal Reserve, Anderson served in senior in-house roles at Wells Fargo & Co. and TD Bank, where he provided strategic and regulatory advice to the bank’s senior management and risk, compliance and other corporate functions across all lines of business. During his time in-house at The Clearing House Association (the predecessor to the Bank Policy Institute), Anderson led numerous advocacy initiatives in response to regulatory and policy developments and represented the largest banking organizations before the federal bank regulatory agencies, federal market regulatory agencies, U.S. Treasury Department, Financial Stability Oversight Council and congressional committees.
“Paul, Weiss is a premier destination to grow my practice,” Anderson said. “I am eager to collaborate with colleagues across the firm to provide clients with best-in-class commercial and practical advice on complex financial services matters.”
Anderson co-chairs the American Bar Association Banking Law Committee’s Mergers, Acquisitions and Strategic Initiatives subcommittee and is a member of the Council on Foreign Relations. He teaches as an adjunct professor at Georgetown University Law Center and has guest lectured at Columbia Law School. He is admitted to the bar in New York, Washington, D.C., Pennsylvania and New Jersey.
Anderson earned his B.A. in Economics and Political Science from La Salle University; a J.D. from Rutgers Law School; an LL.M. in Securities & Financial Regulation from Georgetown University Law Center; and an M.B.A. from Columbia Business School.
The Paul, Weiss Financial Services Group is the industry’s go-to advisory group for sophisticated, commercial advice on a vast spectrum of important transactional, corporate governance, regulatory, supervisory, enforcement and litigation matters. The comprehensive and strategic counsel the firm delivers to broker-dealers, alternative asset managers, insurers and other financial services platforms reflects the firm’s deep understanding of financial services and the emerging regulatory landscape.