Turned to by a client base of holding companies, non-bank lenders, fintech companies and international banks, the banking practice at Goodwin excels in AML and general compliance advice. Displaying a strong versatility of advice in a myriad of AML compliance to capital requirements, William Stern heads up the team out of the firm’s New York office, reflecting a broader focus on credit card programs compliance matters related to risk management and mortgage companies. Led by Crystal Kaldjob and Mike Whalen in Boston and Washington DC respectively, the consumer financial services and financial services practice at the firm is well placed to advise on CFS compliance, a sphere in which clients are increasingly faced with enforcement by regulators. The group’s broker-dealer engagements centre around complying with SEC, FINRA, and state enforced regulation, and a standout strength is the capacity to handle the whole life cycle of such regulatory, supervision and enforcement assistance.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Testimonials
Collated independently by Legal 500 research team.
- 'Crystal Kaldjob is a brilliant resource in this space. She has a strong regulatory and transactional practice, and is especially valuable in helping to talk through regulatory challenges and new ideas in the financial services space.'
- 'The team always provides practical advice, which is helpful in order to make informed decisions on regulatory matters.'
Key clients
- DWS Trust Company
- Bangor Savings Bank
- Affirm, Inc
- Splitit
- Bangor Savings Bank
- Grasshopper Bank
- Bilt Technologies, Inc. (Bilt Rewards)
- DailyPay, LLC
- General Motors LLC & General Motors Company
- DoorDash, Inc.
- LOWE’S Companies
- Coast
Work highlights
Advised Affirm on general regulatory advice in connection with its development and launch of various products.
Advising Splitit on its consumer lending services in the United States.
Advised DoorDash, Inc. on the negotiation of its arrangement with Fiserv and Starion Bank to offer deposit accounts and other financial service products to Dashers.
Practice head
William Stern; Crystal Kaldjob; Mike Whalen
Other key lawyers
Christopher Grobbel; Sammy Tang; Alexander Callen