Latham & Watkins LLP1 is pleased to announce that Todd Beauchamp has joined the firm in Washington, D.C., as a partner in the Corporate Department and Financial Institutions Group to lead the Payments & Emerging Financial Services practice. Beauchamp represents financial institutions, non-bank financial services companies, and technology companies in a wide variety of domestic and international transactional, regulatory, and general corporate matters. Beauchamp joins Latham from Paul Hastings.
With extensive experience in the development of new financial products and services, including those related to electronic payments, virtual currencies, and stored values and money transmission, Beauchamp regularly advises clients on a range of state, federal, and non-US regulatory issues and legislative developments, and represents them before numerous state and federal bank regulatory agencies. Additionally, he structures and negotiates various commercial transactions related to the offering of payments products and services, as well as the purchase and sale of financial institutions and non-bank financial services companies such as state-licensed money transmitters.
“Todd is a highly regarded practitioner who understands the rapidly evolving FinTech sector like few others, and we are very pleased to welcome him to the firm,” said Michael Egge, Office Managing Partner of Latham & Watkins in Washington, D.C. “He will bring tremendous value to our global financial institution clients, as well as the innovative technology companies transforming financial services.”
“Todd brings a sophisticated understanding of the payments regulatory space and new electronic payments products to our integrated global financial regulatory and FinTech platforms,” said Witold Balaban, Global Co-chair of Latham’s Financial Institutions Group and Capital Markets Practice. “Todd is a strong practice builder, and his arrival further strengthens our ability to capitalize on the rapidly growing FinTech industry, as both traditional banks and non-traditional financial services providers continue to offer more innovative products, and the combination of emerging technologies, regulatory and cost pressures transform products and services in the payments space.”
“Latham’s integrated global financial regulatory and FinTech platform is unparalleled. The firm is at the forefront of some of the most complex, transformative deals in the financial services sector,” said Beauchamp. “I look forward to leading the firm’s global Payments & Emerging Financial Services practice, and working closely with my talented colleagues in the Emerging Companies, Technology Transactions, Capital Markets, Mergers & Acquisitions, Private Equity, and bank regulatory practices, among others, to guide clients through the transforming financial services landscape.”
He received his JD from Emory University School of Law in 2006 and bachelor’s degree from Mississippi State University in 1999.
Source: www.lw.com
