New York – July 17, 2012 – Debevoise & Plimpton LLP today announced that Paul D. Patton has joined the firm as Counsel in its New York office and a member of the firm’s Corporate Department and Financial Institutions and Banking Groups.
Mr. Patton joins Debevoise from Morgan Stanley, where he served as an Executive Director, advising the firm and its national bank subsidiaries on a broad range of regulatory and transactional issues, including charter conversions, corporate restructurings and outsourcings, new product launches, regulatory examinations, corporate governance, inter-affiliate transactions, and emerging issues in the prudential supervision and regulation of financial institutions. As General Counsel of Morgan Stanley Private Bank, he assisted in the expansion of its offering of deposit, credit and trust products to Morgan Stanley’s global wealth management clientele with a nationwide network of over 17,000 financial advisors.
Gregory J. Lyons, Partner and Co-Chair of the firm’s Financial Institutions Group, said: “We are delighted to welcome a lawyer of Paul’s caliber to Debevoise and to our financial institutions practice. His depth of knowledge and high level of expertise in banking, combined with his experience in regulatory matters, including the application of Dodd-Frank, will significantly enhance both our Financial Institutions and Banking Groups. His front-line role as a senior lawyer at one of the largest, most diversified financial institutions in the world also has afforded him practical experience in many of the Dodd-Frank implementation issues and requirements that many other banks will face over the coming months. Paul is also a warm and engaging individual, who will fit seamlessly into the collegial environment at Debevoise.”
Mr. Patton has over twenty years of experience as in-house counsel at major financial institutions, including the U.S. subsidiaries of National Westminster Bank Plc and Royal Bank of Scotland. Mr. Patton was also the principal bank regulatory counsel to American Express Company for nearly a decade. His portfolio of experience includes advising American Express’ former international bank subsidiary, American Express Bank Ltd., which conducted correspondent banking and international private banking activities through a network of offices in 42 countries. Mr. Patton began his career as a staff attorney at the Federal Reserve Bank of New York and has substantial experience with the bank examination process and enforcement matters.
Mr. Patton received his J.D. from the University of Pennsylvania and his B.A. with Distinction from Swarthmore College. He is a member of the Bars of New York, Pennsylvania, Connecticut and New Jersey. Mr. Patton is also a member of the American Bar Association’s Banking Law Committee and the Society of Corporate Secretaries & Governance Professionals.
Debevoise & Plimpton LLP is a leading international law firm, representing a wide range of clients in transactions and disputes around the world. Founded in 1931, the firm has offices in New York, Washington, D.C., London, Paris, Frankfurt, Moscow, Hong Kong and Shanghai. For more information, please visit our website at www.debevoise.com.
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