MICHAEL LEWIS represents domestic and international financial institutions, their investors, and their counterparties in connection with federal and state banking laws. Michael counsels clients on a broad range of regulatory compliance and licensing matters as well as the regulatory aspects of mergers, acquisitions, minority investments and other transactions. His experience includes advising on complex investment authority and regulatory structure questions, development of new financial products and services, bank resolution and receivership issues, Fintech investments, the Volcker Rule, prudential regulation of banking organizations, affiliate transactions, U.S. operations of foreign banking organizations, and financial holding company status. He regularly interacts with the staffs of federal and state bank regulatory agencies and frequently prepares and files applications and other submissions to those agencies. Chambers USA notes that clients have described Michael as “very up to speed on industry and regulatory developments, a walking encyclopedia of bank regulatory matters…” and that Michael “consistently delivers great substantive work product and also brings recommendations for concrete, actionable next steps.” Michael has been ranked by Chambers USA (2021–2023) in its nationwide ranking of lawyers practicing in Financial Services Regulation: Banking Compliance. In 2020, Michael was recognized by the Global Banking Regulation Review as one of 45 Rising Stars of Banking Regulation under age 45 globally, one of only nine U.S. lawyers to be awarded this recognition. He has also been recognized as a “Rising Star” by IFLR 1000 for Banking and Financial Services Regulation.
Representative matters Michael has worked on include:
- Advising Canadian Imperial Bank of Commerce on its approximately $5 billion acquisition of PrivateBancorp, Inc., a bank holding company based in the Midwest.
- Advising several major European and North American banks and their nonbank affiliates on the applicability of and compliance with the proprietary trading and covered fund restrictions of the Volcker Rule, including assisting with the development and implementation of conformance plans for both U.S. and non-U.S. business units, advising on related interpretive questions, analyzing various existing and proposed investment structures, seeking interpretive relief from applicable regulators on behalf of these clients, drafting policies and procedures for ongoing compliance with the Volcker Rule, and advising on potential future reform of the Volcker Rule.
- Assisting a large U.S. bank holding company in conducting a global Bank Holding Company Act compliance review, including assisting with self-reporting of compliance violations that were identified during the review, negotiating potential restructuring and divestiture solutions with the Federal Reserve Board, and developing compliance policies and procedures and other remedial actions.
- Advising several large banks and their affiliates on both minority investments and controlling investments in FinTech and other early-stage companies.
- Providing regular advice to several large bank holding companies with respect to compliance with the Bank Holding Company Act and International Banking Act, with an emphasis on the nonbanking activities restrictions of the Bank Holding Company Act and the Federal Reserve Board’s Regulation Y, Regulation K and Regulation W.
- Providing strategic advice to non-U.S. banking organizations on regulatory structure and licensing in the United States, including advising on the powers available to branches of a foreign bank versus other types of U.S. offices of the foreign bank, U.S. bank subsidiaries, and U.S. nonbank affiliates.
- Advising savings associations and savings and loan holding companies on compliance with the Home Owners Loan Act and advising other diversified financial services firms on less common bank regulatory structure and compliance issues.
- Representing private equity funds, hedge funds and asset management firms with respect to investments by or in banks and their holding companies.
Michael is active in pro bono matters and has previously represented a young child in a custody dispute, and has advised clients on wills, powers of lawyer and healthcare proxies at a clinic that assists people suffering from HIV or AIDS that are unable to afford legal advice.
- American Bar Association, member
- 美国弗吉尼亚大学法学院, 法学博士, 2007
- 美国埃默里大学, 文学学士, 2004 (summa cum laude)