- Regulatory counsel to Fifth Third Bank in its 2018 acquisition of Franklin Street Advisors, a registered investment advisory firm, and Franklin Street Trust Company, a North Carolina trust company, each based in Chapel Hill, North Carolina, and having more than $2 billion in assets under advisement.
- Represented Equifax in connection with its 2018 consent order with state banking regulators in response to their multistate review of the company’s information technology and security controls.
- Regulatory counsel to Hancock Whitney Bank in its acquisition of the institutional and high-net-worth trust and investment advisory business of Capital One Financial.
- Regulatory counsel for Synovus Bank’s acquisition of the Cabela’s credit card bank and subsequent sale of its $5 billion card portfolio to Capital One Bank (USA).
- Advised Synovus Bank on its conversion to a Federal Reserve member bank.
- Regulatory counsel to BancorpSouth Bank on the elimination of its holding company.
- Counsel to a $1.2 billion private company in the sale of its federal savings bank and deregistration as a savings and loan holding company.
- Regulatory counsel to CenterState Banks in its acquisition of HCBF Holding Company.
- Regulatory counsel to FB Financial in its acquisition of Clayton Bank and Trust and American City Bank.
- Regulatory counsel to Seacoast National Bank on numerous M&A transactions.
- Advised numerous bank acquirers on regulatory approvals for M&A transactions, including for protested applications, resolution of antitrust concerns, and other complex issues.
- Regulatory counsel to FLEETCOR in its acquisition of Cambridge Global Payments, a Canadian B2B cross-border payments firm.
Partner,
- Phone: 404.881.7833
- Email: cliff.stanford@alston.com
Cliff is widely known in the bank regulatory space across multiple industry verticals and for institutions ranging from regional and money center banks to community banks to payments and technology firms. In addition to his years in private practice, Cliff's 15 years with the Federal Reserve Bank of Atlanta is a boon for clients looking for an industry insider to represent them.