The 2023 Banking Contagion: Questions & Answers for Insured and Uninsured Depositors, Other Affected Parties

Barbara A. Jones is Co-Managing Shareholder of the firm’s Los Angeles office and a member of the firm’s Global Corporate practice. Barbara serves as Co-Chair of the firm's interdisciplinary Blockchain & Digital Assets practice. Barbara maintains a diverse corporate and securities law practice across industry groups, emphasizing complex international and domestic transactions, including private and public financings, dual listings, mergers and acquisitions, strategic collaborations and joint ventures, and licensing transactions. She serves as a trusted advisor to public and private company boards of directors on governance matters and complex regulatory reporting and compliance issues. Barbara's clients include financial institutions, private equity and venture capital groups, and public and private companies in emerging technology, life sciences and biotechnology, defense and security, blockchain and digital assets, telecommunications, information technology, energy (traditional and renewable), mining, media, entertainment and sports. Barbara also represents Olympic and professional athletes and sports-related organizations. Barbara practiced U.S. law in London from 1990 through 1997 with Sullivan & Cromwell, LLP, and headed the international capital markets practice of Kirkland & Ellis LLP from 1999 to 2003 before relocating to Boston. From 1997 to 1999, she served as Vice-President, Assistant General Counsel and Regional Counsel for capital markets with J.P. Morgan Securities Ltd. in Europe, the Middle East and Africa. Since returning to the U.S., she has continued to actively represent public and private companies, private equity groups and investment banks in the European, Scandinavian, African and greater Asian markets, including China. Barbara is a past chair of the ABA’s Subcommittee on International Securities Matters. She is a frequent speaker at conferences relating to cross-border securities matters, strategic alternatives, and digital asset structures. She serves on the Government of Bermuda’s Global FinTech Advisory Board. Concentrations International corporate finance Public and private offerings of equity and debt securities Cross-border mergers and acquisitions Private equity and venture capital Stock exchange listings and compliance Corporate governance General corporate and transactional matters Licensing and strategic collaborations Blockchain and digital assets COVID-19 Economic Stimulus Task Force

Benjamin Saul is a shareholder in the firm’s Financial Regulatory and Compliance Practice. For two decades, Ben has been a trusted advisor to corporate and individual clients in the FinTech, consumer finance, specialty finance, payments, and banking sectors on high-stakes regulatory, enforcement, litigation and transactional matters. In his enforcement practice, Ben has helped clients navigate dozens of contentious supervisory, enforcement, and litigation matters involving the Consumer Financial Protection Bureau (CFPB) and has been a leader in the private bar on CFPB matters since the Bureau’s inception in 2011. He also routinely assists clients in matters involving the FTC, DOJ, HUD, OCC, FRB, FDIC, state financial services authorities, state attorneys general, and state civil rights commissions. Ben’s enforcement matters have concerned fair lending and servicing, unfair deceptive or abusive trade practices, other federal and state consumer finance laws, payments and card network issues, AML/BSA, troubled or failed banks, fiduciary duties, financial institution fraud, leveraged lending, supervisory ratings, and other safety and soundness issues. These matters often have involved parallel proceedings by multiple enforcement agencies and private parties. In his regulatory practice, Ben has advised lenders, servicers, specialty finance companies, money services businesses, digital banks, SaaS companies, e-commerce companies and retailers, personal finance companies, and crypto and DeFi companies on product and service development, licensing and chartering, structuring and negotiating joint venture, outsourcing and bank partnership agreements, compliance program enhancement, and the applicability of federal and state financial services laws. He frequently helps clients understand how such laws map onto new technologies and innovative products. In his transactional practice, Ben has advised private equity funds, venture capital funds, hedge funds, and strategic investors on risk identification and mitigation and obtaining necessary regulatory approvals for financial services and FinTech mergers and acquisitions and other investments. He has also provided financial services and FinTech regulatory advice to issuers and underwriters of public and private securities offerings.

Marina Olman-Pal advises foreign and U.S. financial institutions on a broad range of regulatory matters including licensing, acquisitions, divestitures, compliance with Bank Secrecy Act (BSA)/anti-money laundering (AML) laws and regulations, and compliance with Office of Foreign Assets Control (OFAC) sanctions programs. Marina counsels a wide range of companies in the financial services sector including, domestic and foreign banks, gaming companies, money services businesses including money transmitters, cryptocurrency businesses, Fintech companies and digital payment companies. Throughout her career, Marina has represented clients before U.S. regulators such as the Federal Reserve, OCC, FDIC, FinCEN, OFAC, the Florida Office of Financial Regulation and other state supervisory authorities. Marina also regularly develops anti-money laundering programs for a wide range of financial services businesses and non-financial services businesses including, U.S. and foreign companies active in industries such as real estate, hospitality, automotive and artificial intelligence, among many others. Concentrations Financial services, regulatory and compliance BSA/anti-money laundering and OFAC sanctions compliance guidance Development of anti-money laundering and OFAC compliance programs FinTech, blockchain, digital payments license and regulatory compliance guidance

Hilary R. Sledge-Sarnor represents businesses and financial institutions in a range of legal matters. Hilary has over 15 years of experience representing financial institutions, corporate borrowers, funds and fund sponsors in a broad range of syndicated cross-border and domestic financings. Hilary is experienced in a wide range of industries, including technology, fund finance retail and entertainment. She regularly provides counsel on secured transactions and UCC Article 9. Hilary regularly counsels foreign and U.S. financial institutions, as well as their holding companies, on a wide range of financial regulatory, corporate governance and compliance matters. As the former executive counsel to the general counsel of MUFG Americas, she was instrumental in the negotiation of the definitive documentation and governance and regulatory aspects of the $8.0B sale of the assets of MUFG Union Bank, N.A. Hilary also served as the general counsel proxy supporting multiple bet-the-bank regulatory remediations to improve the effectiveness of MUFG America’s risk management practices. Hilary served as the Chair of the Digital Assets Working Group within the MUFG Americas Legal Department. Hilary is also the past Chair of the ABA’s Loan Documentation Subcommittee and frequently speaks at conferences relating to commercial finance, blockchain and digital assets matters and diversity, equity and inclusion.

Claudio J. Arruda advises domestic and international financial services firms and institutions, including banks, broker-dealers, Fintech companies, and investment advisory firms on a broad range of regulatory issues, as well as general corporate matters. He represents these institutions on matters related to the applicability and compliance with state and federal banking, consumer, and securities laws and regulations. In addition, Claudio represents public and private corporations in negotiating cross-border financing projects, including corporate finance, project finance, acquisition finance, and trade finance, as well as large real estate leases and certain development projects. He also has experience assisting in securities enforcement matters and FCPA-related investigations at the U.S. Securities and Exchange Commission (SEC). Concentrations Banking and securities Corporate and finance Project finance Trade finance Real estate

Tarrian L. Ellis focuses his practice on federal and state regulation of consumer financial products and services, including matters related to fair lending, residential mortgage lending and servicing, student loan servicing, electronic lending, and digital payments. He also advises clients on matters involving the Consumer Financial Protection Bureau (CFPB) and other federal and state regulatory authorities with oversight of consumer financial payments, products, and services. Prior to joining Greenberg Traurig, he served as a regulatory attorney with the Consumer Financial Protection Bureau in the Office of Regulations. In this role, he participated in complex rulemaking projects, including drafting rules and guidance related to privacy and small business lending, and provided subject matter expertise on issues concerning mortgage servicing and disclosure, and electronic payments. Concentrations Consumer Financial Protection Bureau (CFPB) Federal and state regulation of consumer financial products and services Anti-discrimination, fair lending, credit reporting, debt collection Electronic payments and lending Home Mortgage Disclosure Act FinTech – credit, payments, blockchain/digital assets Consumer finance – mortgage, student, cards, BNPL