Global law firm White & Case LLP has expanded its Global Banking Practice with the addition of PratinVallabhaneni as a partner. Vallabhaneni will work closely with the Firm’s Global Financial Institutions Advisory Practice and will advise clients on complex fintech-related issues.
“The proliferation of mobile banking, online financial services platforms and blockchain technologies is rapidly changing the banking and broader financial services industries, with no sign of abatement,” said Eric Leicht, Head of White & Case’s Global Banking Practice. “Prat will further raise our profile with both traditional and nontraditional banks and financial service providers that are at the cutting edge of adopting and developing these innovative technologies.”
Vallabhaneni represents fintech, banking, broker-dealer, exchange, insurance, asset management and specialty finance companies, as well as their directors, senior officers and investors, on transactional, enforcement and regulatory issues and on matters before the Federal Reserve, OCC, FDIC, SEC, CFTC, CFPB, FTC, Treasury Department, FinCEN, OFAC and state banking and securities agencies.
“Prat will be a valuable resource for our clients that are looking for ways to improve the delivery of their products and services through the use of new technologies,” said Jake Mincemoyer, White & Case’s Regional Section Head, Americas Banking. “His addition also gives us greater capabilities to address the business and enforcement challenges that financial institutions are facing, which are oftentimes novel, rapidly evolving and multijurisdictional.”
Vallabhaneni, who joins the Firm from Arnold & Porter, also represents US and non-US companies across a variety of industries that operate in or hold exposure to the financial services sector and provides them broad transactional counsel on bank financing, capital raising, public and private M&A, commercial agreements and shareholder activism matters.
Vallabhaneni was previously an investment banker at a global financial services firm, where he advised on the valuation and execution of M&A, capital markets, securitization and restructuring mandates. Prior to that, Vallabhaneni served as an attorney at the FDIC during the global financial crisis. There he worked on numerous crisis-related private equity-backed bank M&A transactions, bank receiverships and enforcement actions against banks, consumer finance firms, and directors and officers. Vallabhaneni also was actively involved in the interagency implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act.