William Eckland, a senior member of Sidley’s Banking and Financial Services group has a broad practice spanning virtually all areas of compliance with laws affecting financial institutions, their holding companies and affiliates. Domestic and international clients turn to Bill for assistance in navigating the regulatory environment and its frequently changing requirements, including the Dodd-Frank Act and the Volcker Rule.
Bill is actively engaged in:
the development of new products and services for financial services entities, including fintech companies;
representing diversified or nontraditional financial services holding companies;
counseling foreign banking entities regarding their U.S. operations; and
advising on the regulatory aspects associated with mergers, acquisitions and restructuring activities of financial institutions, including assisted transactions involving the Federal Deposit Insurance Corporation (FDIC).
Bill has formed numerous banks, federal savings banks and limited purpose banks, including credit card banks, industrial loan banks and trust companies, throughout the United States. He also has represented private equity, pension and hedge funds in connection with investments in financial institutions. Another facet of Bill’s practice relates to counseling financial institutions and officers and directors with respect to enforcement and supervisory actions involving federal and state banking agencies.