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Stuart C. Stock

Senior Counsel

Washington +1 202 662 5384

English
  • About
  • Representative Matters
  • Credentials
  • About

    Stuart Stock advises banks and other financial institutions on the full range of federal regulation applicable to their operations and activities, including with respect to governance, investigative, enforcement, compliance, transactional, litigation, and legislative matters.

    For more than three and a half decades, he has represented financial institutions on matters before the Federal Reserve, the OCC, the FDIC, and other federal and state regulators, as well as on matters before Congress and state legislative bodies. He also has previously taught banking law and regulation.

    Areas of Expertise

  • Practices and Industries
  • Representative Matters
    • Representation of General Electric and Synchrony Financial in connection with exchange offer to complete the separation of Synchrony from GE and in connection with Federal Reserve Board application process and approval required for the separation of Synchrony from GE.
    • Representation of financial institutions in investigations that did not result in enforcement actions.
    • Representation of Citibank, N.A., in connection with negotiation of OCC Consent Order and Civil Money Penalty Order related to its foreign exchange (FX) trading business.
    • Representation of Synchrony Financial (GE Capital’s North American retail finance business) in connection with its approximately $2.95 billion initial public offering and related $3.6 billion debt offering.
    • Representation of Credit Suisse AG in connection with negotiation of Federal Reserve Cease and Desist and Civil Money Penalty Order related to compliance with federal banking laws governing activities in the United States.

    • Representation of Wells Fargo in connection with a Federal Reserve Board investigation and consent order with respect to alleged falsification of customer income and customer steering by Wells Fargo Financial sales personnel in the origination of consumer mortgage loans.
    • Representation of Citigroup, Inc. and Citibank, NA, in connection with negotiation and implementation of OCC and Federal Reserve Board consent orders relating to consumer mortgage servicing and foreclosure activities.   
    • Representation of Wells Fargo in obtaining dismissal of litigation brought by the City of Cleveland with respect to securitization of subprime mortgage loans on properties located in Cleveland.
    • Representation of Freddie Mac in connection with establishment of Federal government conservatorship.
    • Representation of Arlon Capital Partners LP in connection with investments in Grandpoint Capital, Inc., Carlile Bancshares, Inc. and Northeast Bancorp.
    • Representation of Freddie Mac in connection with resolution of regulatory issues and litigation growing out of the Company’s $5 billion earnings restatement.
    • Representation of Wells Fargo Bank, N.A. and National City Bank of Indiana in litigation in the U.S. Court of Appeals for the Ninth Circuit with respect to federal preemption of efforts by California authorities to regulate mortgage subsidiaries of Wells Fargo Bank and National City Bank.
    • Representation of Wells Fargo Bank, N.A. in litigation in the U.S. Court of Appeals for the Ninth Circuit with respect to federal preemption of ATM fee ban laws imposed by two California municipalities.   
    • Representation of Wells Fargo Bank of Texas, N.A., J. P. Morgan Chase, Bank One, N.A., and other banks in litigation in the U.S. Court of Appeals for the Fifth Circuit with respect to federal preemption of Texas statute banning check-cashing fees.

    Areas of Expertise

  • Credentials
    Education
    • Harvard Law School, J.D., 1971
        • magna cum laude
        • Harvard Law Review, Supreme Court Note and Notes Editor, 1970-1971
    • Purdue University, B.S., 1968
        • highest distinction
    Bar Admissions
    • District of Columbia
    Judicial Clerkship
    • Hon. Thurgood Marshall, Supreme Court of the United States, 1972 - 1973
    • Hon. Henry J. Friendly, U.S. Court of Appeals, Second Circuit, 1971 - 1972
    Accolades
    • Chambers Global, Banking & Finance (2013-2020)
    • Chambers USA, Financial Services Regulation: Banking (Compliance) (2005-2021); Financial Services Regulation: Banking (Enforcement & Investigations) (2005-2018)
    • Best Lawyers in America, "Washington Financial Services Regulation Lawyer of the Year" (2014)
    • The Best Lawyers in America, Banking and Finance Law (1996-2021)
    • Legal 500 US, Finance - Financial Services: Regulatory (2013-2017)
    • Whos Who Legal, Banking (2018-2019)
    • Washington DC Super Lawyers, Banking Law (2011-2021)   
    Memberships and Affiliations
    • American Law Institute
    • University of Virginia School of Law, Lecture in the Law (1986-1989)

    Areas of Expertise

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