K&L Gates adds banking and fintech partner in Boston | News and Events

Boston – Global law firm K&L Gates LLP welcomes Grant F. Butler as a Partner in the Practice of Payments, Banking Regulation and Consumer Financial Services. Based in the firm’s Boston office, Butler brings nearly 15 years of experience in the financial services industry with a particular focus on financial services regulation, transactions, corporate governance and compliance.

Butler has direct experience in the operation of banks and fintech companies and has extensive knowledge of federal and state prudential regulation and consumer financial regulation. He has advised foreign and domestic financial institutions and fintech companies on a variety of complex regulatory matters such as Volcker Rule issues, bank holding company law, capital and liquidity requirements, chartering, licensing state lenders, and forming and regulating state-chartered companies. trust companies. His transactional experience includes mergers and acquisitions of financial institutions, asset transactions and banking partnerships.

Butler most recently served as Executive Vice President, Chief Legal Officer and Corporate Secretary of Cognition Financial Corporation (formerly The First Marblehead Corporation), where he was responsible for legal, compliance and regulatory affairs and was responsible for legal affairs, risk and compliance. department, which included the legal, compliance, enterprise risk management, information security and internal audit teams.

Prior to joining Cognition Financial in 2017, Butler was Vice President and Senior Counsel at State Street Bank and Trust Company, where he provided legal advice and support to State Street globally, particularly with respect to banking regulations. , compliance and state law issues. Previously, he was a partner in the financial services group of a global law firm, advising financial institutions on a variety of transactional and regulatory matters, with a particular focus on banking regulatory issues and corporate mergers and acquisitions. ‘financial institutions. He has also served as an outside general counsel and secretary for a non-profit organization, taught a course in the banking and finance law program at Boston University School of Law, and participated in the drafting of financial laws in Massachusetts and the United States. New Hampshire.

“Grant’s experience in financial technology and banking regulation complements and deepens the strength of our existing payments, banking regulation and consumer financial services group,” said Michael Scanlon, co-practice area leader. global policy and regulation of the company. “We are delighted to welcome Grant to the firm.”

K&L Gates’ Payments, Banking Regulation and Consumer Financial Services group works with customers in nearly every aspect of payments, e-commerce, fintech and retail banking products and services. The team has extensive knowledge of traditional banking and payment products such as money transmission, credit, debit and prepaid cards, payroll, ACH, merchant acquiring, checks, mail funds and payment processing.

Chris Nasson, managing partner of the K&L Gates Boston office, said, “We are delighted to have Grant join the Boston office. He is a top-notch banking and fintech lawyer who brings nearly two decades of hands-on experience in the operation of banks and financial services companies, as well as in-depth knowledge of the highly specialized areas of law that impact our clients, such as the various aspects of banking prudential regulation and issues relating to fintech companies. We look forward to partnering with Grant to apply his unique skills to serving clients in Boston and on our international platform. »

Butler is among more than 120 partners and counsel K&L Gates has welcomed to its platform since the start of 2020, including, in Boston, a 10-person patent team led by partners Hannah Koyfman, Ph.D. and David Lu, Ph.D., in March.

K&L Gates is a fully integrated global law firm with lawyers across five continents. The firm represents leading multinational corporations, growth and mid-market companies, capital market participants and entrepreneurs from all major industry groups, as well as public sector entities, educational institutions, organizations philanthropists and individuals.

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