Wendy M. Goldberg

Ms. Goldberg provides counsel on the bank regulatory aspects of a wide range of corporate transactions and financial products under the Bank Holding Company Act, the National Bank Act and other key statutes, as well as with regard to related rules, regulations and interpretations. She frequently represents clients before the Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and other federal and state regulatory agencies.

Ms. Goldberg’s practice covers many areas of prudential banking regulation, including affiliate transactions, capital issues and legal authority questions relating to new activities and expansionary proposals. Ms. Goldberg is frequently called upon by financial institutions to assess the collateral consequences of regulatory and criminal enforcement actions. In addition, she has secured waivers of disqualification from both the U.S. Securities and Exchange Commission and the U.S. Department of Labor in some of the most high-profile banking enforcement actions in history.

Prior to and since joining Skadden, Ms. Goldberg’s notable representations include:

• Varo Bank in obtaining a full-service national banking charter from the Office of the Comptroller of the Currency, marking the first time a consumer-focused fintech company received a U.S. banking license
• The Goldman Sachs Group, Inc. in numerous transactions and advice relating to the permissibility of activities, conformance with banking laws and matters pertaining to its global operations
• Mitsubishi UFJ Financial Group, Inc. in its sale of MUFG Union Bank to U.S. Bancorp
• Columbia Banking System, Inc. in its all-stock combination with Umpqua Holdings
• Royal Bank of Canada in multiple transactions, including its acquisition of Alabama National BanCorporation
• AmSouth Bancorporation in its merger with Regions Financial and related branch divestitures
• Regions Financial in its sale of certain mutual funds to Pioneer Investments
• large banking organizations in the implementation of enhanced prudential standards and on issues affecting their branches and agencies
• U.S. and non-U.S. banking organizations in various fintech and strategic investments
• U.S. and non-U.S. banking organizations in the development of “living wills” and reorganizations of U.S. banking operations
• regional and community banking organizations in applications to state and federal regulators relating to public welfare investments, the establishment of subsidiaries and other regulatory matters
• U.S. and non-U.S. banking organizations in compliance monitorships and regulatory enforcement actions
• representative advisory clients include Goldman Sachs, Royal Bank of Canada, Banco Popular de Puerto Rico, Bank of Montreal, Bank Hapoalim, Bank of New York Mellon, Bank of Nova Scotia, BNP Paribas, Barclays and JPMorgan Chase, among others

Ms. Goldberg is a member of various professional organizations and has taught a banking law course as an adjunct professor at George Washington University Law School. Prior to private practice, Ms. Goldberg clerked on the Delaware Court of Chancery.