Financial Services


The financial services industry continues to undergo unprecedented change and uncertainty. The aftermath of the financial crisis has completely rewritten the regulatory landscape and fundamentally reshaped the business model for the industry. Effective and innovative responses to this new environment are critical to our clients’ ability to execute on their core strategies.

Blank Rome has extensive experience advising financial services clients on a wide range of legal and regulatory issues and risks as well as crucial, strategic transactions. Our attorneys have a diverse range of backgrounds including partners who served in significant senior positions with the industry’s primary regulators, in law enforcement and in the general counsel’s office of the largest diversified financial services firms. We are actively advising clients on Dodd-Frank Wall Street reform (including the Volcker Rule, derivatives reform and resolution and recovery planning), the Consumer Protection Act and capital and liquidity requirements under Basel III.

We provide strategic advice to the financial services sector across a broad spectrum of clients:

  • Banking: banks and bank holding companies, finance companies, mortgage lenders, servicers, thrifts, asset managers, special purpose entities, and structured finance originators
  • Securities and Capital Markets: investment banks, financial advisers, underwriters, trustees, placement agents, and acquirers in financial institution-related transactions
  • Asset and Investment Management: private equity funds, hedge funds, private investors, pension funds, mutual funds, and real estate investment trusts (REITs)
  • Insurance: insurance and reinsurance firms and insurance agencies
  • Markets, Exchanges, and Market Infrastructure: securities exchanges, clearing and settlement organizations, options and commodities exchanges, trading platforms, and swap execution facilities.


We team across practices to bring our depth of experience and understanding of both the marketplace and evolving regulations to assist our clients in navigating legal and regulatory risks and structuring, negotiating and completing complex transactions.

We advise our clients on diverse issues related to the following:

Finance and Capital Markets

  • commercial loan transactions
  • securities offerings (public offerings and private placements)
  • real estate lending including Freddie Mac and Fannie Mae
  • structuring and documenting consumer credit products and services
  • alternative fund formation, management, and operation
  • distressed and par loan trading
  • asset securitization and structured finance
  • SEC and exchange matters, state and federal securities law compliance

Mergers and Acquisitions

  • mergers and acquisitions of various financial institutions
  • divestitures and conversions
  • sale, acquisition and servicing of loan portfolios, including negotiation, structuring and evaluation of agreements to acquire various types of asset portfolios


  • Bank Secrecy Act compliance
  • challenges to conveyances in:
    • fraud of creditors, lien priority, contract disputes
    • creditors’ rights
    • environmental issues
    • white collar defense and investigations

Bankruptcy and Restructuring

  • creditors’ committee representations
  • Chapter 11 organization and out-of-court restructurings
  • secured lenders and select creditors representations
  • subprime lending matters
  • distressed investments and Section 363 asset sale transactions

Corporate Advisory

  • corporate governance
  • fiduciary duties and Sarbanes-Oxley compliance
  • crisis management


  Clients repeatedly singled out the
incredibly efficient and detailed attorneys
who always anticipate where we need to be.

—Chambers USA 
  • We draw upon the breadth of our experience to thoroughly understand your business from all angles.
  • Our financial services lawyers have a thorough understanding of the laws affecting financial institutions and are familiar with the inner workings of the SEC, the OCC, the FDIC, and the OTS.
  • Our attorneys hold leadership positions in several trade groups and legal organizations relating to the financial services industry.
  • We are frequently called upon to speak to legal education groups, bar associations, and trade organizations, such as the Mortgage Bankers Association, Commercial Finance Association, and the Equipment Leasing and Finance Association, concerning legal issues affecting the industry.