David L. Portilla

David L. Portilla is Head of Cravath’s Bank Regulatory Practice.  He focuses his practice on advising international and domestic banking organizations and other financial institutions on transactional, regulatory, supervisory, enforcement and governance matters.

Mr. Portilla has a broad-gauged financial regulatory practice and is known in particular for his expertise on the Volcker Rule, enhanced prudential standards (including capital, liquidity, governance and resolution planning) that apply to large banking organizations, the prudential regulation of nonbank financial companies, and for leading advocacy efforts in response to potential regulatory or policy developments.  In addition, he has represented clients with respect to examination and enforcement matters involving federal and state banking agencies.

From 2011 to 2013, Mr. Portilla served as a senior policy advisor to the U.S. Department of the Treasury’s Financial Stability Oversight Council (FSOC) office.

Mr. Portilla received a B.A. with honors from Rutgers University in 2002 and a J.D. with highest honors from Rutgers Law School in 2006, where he was elected to the Order of the Coif.