Leading bank regulatory attorney and former Acting Comptroller of the Currency, Keith Noreika advises domestic and international financial institutions on regulatory issues relating to mergers and acquisitions, minority investments, capital issuances, structuring and compliance activities, and litigation matters, particularly in the area of federal preemption. Keith has consistently been recognized as a leader in his field by Chambers USA in Financial Services Regulation: Banking (Compliance) since 2014, and was named a Financial Services Litigation All-Star by BTI Client Service in 2015.
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- Lead regulatory attorney in IBERIABANK’s $1 billion acquisition of Sabadell United Bank and concurrent $506 million equity offering
Experience prior to Simpson Thacher includes:
- Representing several multinational banks in implementing compliance with provisions of the Dodd-Frank Act, including the Volcker Rule (with a special focus on requirements applicable to foreign bank and foreign bank affiliate activities); National Bank Act preemption provisions; amendments to the Bank Holding Company Act; and the establishment of the Bureau of Consumer Financial Protection (CFPB)
- Representing several non-US banks in the structuring and restructuring of their US operations including related mergers and acquisitions and US regulatory applications associated with these corporate transactions
- Representing several private equity funds in advising with respect to investments in banks and bank holding companies, including related US regulatory applications associated with these investments
- Representing, in the U.S. Supreme Court, the U.S. Courts of Appeals, and the U.S. District Courts, several large national banks in their federal preemption challenges to states’ assertions of regulatory and supervisory authority over the activities of national banks’ operating subsidiaries
BTI Client Service All-Star, Financial Services Litigation (2015)
Best Lawyers in America, Banking & Finance (2014-2016)
Chambers USA - America's Leading Business Lawyers, Financial Services Regulation: Banking (Compliance) (2014-2018)
Legal 500 US, Financial Services: Regulatory (2014-2015)
Washington DC Super Lawyers, Banking (2013-2015)
Harvard Law School, 1997 J.D.
Harvard Law Review, Editor
The Wharton School, University of Pennsylvania, 1994 B.S.
District of Columbia 1998
Pennsylvania 2010 (inactive)
Keith Noreika is a Partner in the Firm’s Washington, D.C. office and a member of the Financial Institutions Practice. Keith’s practice focuses on banking regulation and related litigation. He advises a wide range of domestic and international financial institutions on regulatory issues relating to mergers and acquisitions, minority investments, capital issuances, structuring and compliance activities, and litigation matters, particularly in the area of federal preemption.
Keith’s extensive experience includes advising regional, multinational and other banks on the structuring of their U.S. operations, including compliance with the Volcker Rule and Consumer Financial Protection Bureau regulations, Bank Secrecy Act and anti-money laundering rules, as well as transactional matters and related regulatory applications. He has worked as the lead regulatory attorney in connection with IBERIABANK’s acquisition of Sabadell United Bank. He has counseled numerous private equity funds with respect to investments in banking organizations. In addition, Keith has represented large national banks before the U.S. Supreme Court, the U.S. Court of Appeals and the U.S. District Courts in connection with federal preemption challenges to states’ assertions of regulatory and supervisory authority over the activities of operating subsidiaries.
Keith returned to the Firm in 2018 after serving as Acting Comptroller of the Currency where he led the 4,000-person agency responsible for chartering, regulating and supervising all national banks and federal savings associations as well as federal branches and agencies of foreign banks in the United States. He joined the Office of the Comptroller of the Currency (OCC) in May 2017. The OCC supervises approximately 1,400 national banks and federal savings associations and about 50 federal branches and agencies of foreign banks in the United States. The Comptroller also is a director of the Federal Deposit Insurance Corporation and member of the Financial Stability Oversight Council.
Keith has been an adjunct faculty member at the University of Pennsylvania Law School and the University of Virginia School of Law. He is a co-author of the treatise Regulation of Foreign Banks & Affiliates in the United States. Keith has been recognized as a leader in his field by Chambers USA in “Financial Services Regulation: Banking Compliance” since 2014. He received his J.D. in 1997 from Harvard Law School, where he was editor of the Harvard Law Review. He earned his B.S. from The Wharton School of the University of Pennsylvania in 1994.