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Cleary Gottlieb Steen & Hamilton

ONE LIBERTY PLAZA, NEW YORK, NY 10006, USA
Tel:
Work +1 212 225 2000
Fax:
Fax +1 212 225 3999
Email:
Web:
www.cgsh.com
Abu Dhabi, Beijing, Brussels, Buenos Aires, Cologne, Frankfurt and 10 more

Jack Murphy

Cleary Gottlieb Steen & Hamilton

Work Department

Jack Murphy’s practice focuses on regulatory, M&A, enforcement, strategic and governance matters affecting financial institutions, domestically and internationally. He represents financial institutions, boards of directors, investors, foreign governments, industry groups, and others on a wide range of regulatory, supervisory and transactional issues, including changing regulatory requirements resulting from the Dodd-Frank Act and new international requirements; acquisitions, investments and other strategic transactions; new product development; anti-money laundering and other compliance requirements; and government investigations and enforcement actions.

Position

Senior Counsel

Career

Joined firm, 1977; Partner, 1982-1984, 1987-2011. General Counsel, FDIC, 1984-1987. Managing Director, Promontory Financial Group LLC and CEO, Promontory Regulatory Analytics LLC, 2011-2016. Re-joined firm as Senior Counsel, 2017.

Member

Member and former Chairman, Executive Council of the Banking Law Committee of the Federal Bar Association

Former Chairman, Subcommittee on Bank and Bank Holding Company and Acquisitions and Dispositions of the Banking Law Committee of the American Bar Association

Graduate Fellow, University of Pennsylvania Center for Study of Financial Institutions

Member, DC Bar.

Education

JD, cum laude, University of Pennsylvania Law School; Editor, University of Pennsylvania Law Review; AB, cum laude, Georgetown University.


United States: Finance

Financial services regulation

Within: Leading lawyers

Jack Murphy - Cleary Gottlieb Steen & Hamilton

Within: Financial services regulation

Steeped in 'real word experience', Cleary Gottlieb Steen & Hamilton excels in providing strategic, high-level counsel to systemically important financial institutions (SIFIs). Utilizing the expertise of lawyers across numerous international offices, a key part of the firm's success in the area is its ability to provide coordinated advice that is mindful of regulatory concerns not just from a US perspective but from a global one. Leveraging expertise gleaned from his time at the Federal Deposit Insurance Corporation (FDIC), Michael Krimminger spearheads the firm's market-leading resolution planning work for domestic and international financial institutions, including Capital One and Credit Suisse - work which includes the development of global strategies for resolution as well as advice on optimal debt and equity strategies in response to changing US and global requirements. Krimminger has also been a pivotal presence on many of the firm's fintech-related mandates, including helping Paxos Trust Company become the first US-chartered and regulated virtual currency exchange. The 'excellent' Derek Bush continues to represent domestic and foreign banks on Volcker Rule matters, including providing advice on permissible activity under the rule, as well as on the restructuring and spinning out of trading and fund operations to minimize its impact. In addition to her banking M&A and anti-money laundering (AML) expertise, Katherine Mooney Carroll is also well regarded in the market for her Volcker Rule knowledge.  'Very experienced' senior counsel Jack Murphy is noted for his bank regulatory expertise, while on the trading front, New York-based Edward Rosen  and Colin Lloyd  continue to advise many large US banks on how to restructure their swap-dealer businesses to comply with Dodd-Frank and also regularly act for Securities Industry and Financial Markets Association (SIFMA) on derivatives matters. Attorneys are based in Washington DC, unless otherwise indicated.

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