Donald J. Toumey is a partner in the Firm’s General Practice Group with a practice focused on banking, securities and financial institutions law. Mr. Toumey has handled numerous applications to federal banking agencies for U.S. and non-U.S. banks, as well as securities offerings involving U.S. and non-U.S. banks. He has extensive experience advising U.S. and non-U.S. banks on banking and broker-dealer regulatory matters and on enforcement matters, including with respect to Bank Secrecy Act issues. He is an expert on the “push out” provisions of the Gramm-Leach-Bliley Act. He has also advised on numerous major bank mergers and acquisitions, as well as bank acquisitions of investment management and investment banking firms.

Mr. Toumey is a former special assistant to the general counsel of the U.S. Department of the Treasury.

He also is a member of the Firm’s Diversity Committee.

Recent Representations

Illustrative of Mr. Toumey’s M&A work are his representations of:

• Australia & New Zealand Banking Group Limited in its acquisition of Amerika Samoa Bank in 2001
• Banco Bilbao Vizcaya Argentaria, S.A. in its acquisition of Texas Regional Bancshares in 2006
• The Bank of Tokyo-Mitsubishi, Ltd. and The Mitsubishi Trust and Banking Corporation when they combined to form Mitsubishi Tokyo Financial Group, Inc. in 2001
• Federal National Mortgage Association (Fannie Mae) in connection with the establishment of a conservatorship by the Federal Housing Finance Agency in 2008
• Grupo Financiero Banamex Accival, S.A. de C.V. (Banacci) in its sale to Citigroup Inc. in 2001
• Grupo Financiero Bital, S.A. de C.V. in its acquisition by HSBC Holdings plc in 2002
• Ixe Grupo Financiero in its sale of an equity interest to Brysam Global Partners in 2007
• Mitsubishi Tokyo Financial Group, Inc. in its merger with UFJ Holdings, Inc. in 2005
• Mitsubishi UFJ Financial Group in its 21 percent equity investment in Morgan Stanley in 2008 and its participation in Morgan Stanley’s common stock offering in 2009
• Mitsubishi UFJ Financial Group in its “going private” acquisition of the minority shareholdings in UnionBanCal Corporation in 2008
• National City in the private issuance of $8 billion of Common Stock and Common Equivalent Preferred Stock in a transaction where Corsair was an Anchor Investor and in its merger with PNC Financial Services Group in 2008
• Popular, Inc. in its acquisitions of Quaker City Bancorp, Inc. in 2003, Kislak Financial Corporation in 2004, and E-LOAN, Inc. in 2005 and sale of shares of Telecomunicaciones de Puerto Rico to Sercotel in 2006
• Royal Bank of Canada in its acquisition of Phillips, Hager & North Investment Management and in its acquisitions of Alabama National BanCorporation, Daniels & Associates and of the broker-dealer business and certain other assets of Carlin Financial Group in 2007; in its acquisitions of Flag Financial Corp. and American Guaranty & Trust in 2006, Dain Rauscher Corp., Tucker Anthony Sutro and Centura Banks Inc. in 2001, Liberty Life Insurance Co. and Liberty Insurance Services Corp. in 2000, Eagle Bancshares, Inc. in 2002, Admiralty Bancorp, Inc. in 2003 and William R. Hough & Co., Inc. in 2004; in its disposition of Liberty Insurance Services to IBM in 2004 and its disposition of the business of RBC Mortgage to New Century in 2005; and in the establishment of Moneris, a credit card acquiring joint venture in Canada between RBC and Bank of Montreal, in 2000

Mr. Toumey spoke at the SIFMA Compliance & Legal Division’s Annual Seminar in March 2009 and at the ABA Banking Law Committee Meeting in Vancouver in April 2009.

Recognitions

• The International Who’s Who of Banking Lawyers (2009, 2008, 2006, 2005)
• The International Who’s Who of Business Lawyers (2009, 2006, 2005)
• The Lawdragon 500 (2006)
• The Lawdragon 500: Leading Dealmakers in America (2007)
• New York Super Lawyers (2009, 2008, 2007)
• The Best Lawyers in America – Banking (2010, 2009, 2008, 2007)