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Michael Wiseman specializes in banking and financial institutions law, representing domestic and foreign commercial banks, investment banks and insurance companies. His practice encompasses regulatory and enforcement issues, mergers and acquisitions, capital markets, new products initiatives, derivative products, payment system issues, and corporate governance and counseling. In regulatory and enforcement matters, Mr. Wiseman has represented numerous clients, including UBS in a civil money penalty related to its Zurich ECN and in a NYSBD consent order relating to the Holocaust; ABN Amro in a written agreement relating to correspondent banking; Bank of New York in an investigation and related Federal Reserve written agreement involving Russian funds transfers; Bankers Trust in an investigation and related regulatory actions involving structured derivative products; Delta Bank in a plea agreement for failure to file SARs; Moody s in an obstruction of justice plea agreement; and SEB in an investigation by the Federal Reserve and New York State Banking Department ( NYSBD ) related to foreign exchange trading; and Spiegel Inc. in connection with enforcement proceedings arising from its failure to file SEC reports. Mr. Wiseman has been involved in important mergers, acquisitions and joint ventures across the financial services industry. He has represented Union Bank of Switzerland in its merger with Swiss Bank Corporation (banking); UBS in its merger with PaineWebber (investment banking); UBS in its acquisition of rights to Enron s energy trading platform (trading); UBS in its its acquisition of Timber Resources (investment management); AIG in its investment in Blackstone (investment management), AIG in its acquisition of Hartford Steam Boiler (insurance), and AIG in the formation of AIG Financial Products (derivative products) and of AIG Trading Co. (FX trading); Bank of New York in its acquisitions of Irving Trust Co. (banking) and of Long Island Trust (banking); Bankers Trust New York Corporation in its acquisition of Alex Brown (investment banking); Bond Investors Group in its organization (insurance); Certco in its formation (data security); Dresdner in its acquisition of RCM (investment management); Intessa in its investment in Lazard (investment banking); The New York Clearing House ( NYCH ) in its reorganization (payment systems); and U.S. Trust in its acquisitions of Maier & Seibel (investment management), North Carolina Trust Company (investment management) and Wood Island Advisors (investment management). Mr. Wiseman has represented financial institutions in developing new securities and other capital market products for U.S. and non-U.S. banks, including securities designed to count as regulatory capital. He represented the issuer or underwriters in connection with numerous public offerings by Chemical, Bank of New York, First Bank System, Bank of Boston, U.S. Trust, KeyCorp, Bankers Trust, AIG, Citigroup and UBS. He advises on payment systems matters, participating on behalf of NYCH in the development of CHIPS settlement finality procedures and the development of the netting provisions in FDICIA and the New York State Banking Law, and representing the Group of Twenty leading international banks in developing a continuous linked settlement system for clearing foreign exchange. He also is active in legislative matters, including with regard to the Gramm Leach Bliley Act, on behalf of a consortium of commercial and investments banks, and the USA Patriot Act, on behalf of NYCH. Mr. Wiseman has also advised in connection with the resolution of a number of troubled banks, including Compubank, the Ohio thrift crisis, various savings banks, Bank of New England and First Oklahoma. He is a former chair of the Banking Law Committee of the Association of the Bar of the City of New York and a member of the New York State Bar Association's Banking Law Committee. He acted as the reporter for the Capital Market Lawyers Group on guidelines for OTC transactions involving dealers and investment advisers. Mr. Wiseman speaks at various forums on banking and financial regulation matters, has published articles and commentaries on banking and related issues, and been the author of numerous amicus briefs on important issues in the financial services industry. Mr. Wiseman has been recognized as a leading lawyer in: Chambers USA: America s Leading Lawyers for Business (Financial Services Regulation, 2007, 2006; Banking & Finance, 2005, 2004); Chambers Global: The World s Leading Lawyers for Business (Banking & Finance, 2007, 2002-2003, 2001-2002); Euromoney s Guide to the World s Leading Banking Lawyers (2007, 2005, 2003, 1999) and Guide to the World s Leading Capital Markets Lawyers (2003); The International Who s Who of Business Lawyers (Banking, 2006, 2005, 2003-2004, 2002); PLC Which Lawyer? Yearbook (Banking, 2005); The Best Lawyers in America (Banking, 2007, 2006, 2005-2006); New York Super Lawyers (Banking, 2007, 2006); and LawDragon. Practices Banking Broker-Dealer Regulation Criminal Defense and Investigations Financial Institutions Insurance Events & Speaking Engagements Institute of International Bankers Seminar on Regulatory Examination and Compliance Issues Affecting International Banks Bankers' Association for Finance and Trade Teleconference: The Rules of the Road for International Bankers - Dealing with Compliance Problems, Part 1 Bankers' Association for Finance and Trade Teleconference - Legal Compliance for International Bankers: New Developments Regarding OFAC and the Foreign Corrupt Practices Act Education 1978, Harvard Law School, J.D. 1975, Harvard University, A.B. Bar Admissions New York Massachusetts Country of Origin USA |
