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Hay Featured by Bloomberg Law as a 'Fresh Face to Know in Banking and Finance'

September 2, 2021

Bloomberg Law featured Arnold & Porter senior associate Amber Hay as a “Banking and Finance Fresh Face” in the most recent installment of its "They've Got Next" series, which highlights "young lawyers who are leading the way" in their respective practice areas. The commended attorneys were selected for “raising the bar” in their respective practices.

Bloomberg Law commended Hay as a “key member” of the firm’s Financial Services practice, where she represents banks and nonbank financial services companies in a wide range of bank regulatory matters. Her leadership in advising First Citizens Bank in its $2.2 billion acquisition of CIT Group Inc. and taking charge of efforts to get regulatory approval of the acquisition prompted the publication to name her a “standout in banking law.”

Hay regularly works on matters that require deeply technical knowledge on tight timelines, including her recent work preparing three separate applications for the Federal Reserve due within a month and a half. Bloomberg Law highlighted Hay for her swift management of the application process and coordination with other associates, all while “maintaining a strong relationship with her team and client.”

In her practice, Hay draws on her experience as a Senior Attorney at the Board of Governors of the Federal Reserve System in the Legal Division's Bank Regulatory and Policy Group, where she reviewed acquisition, divestiture, and activity proposals of financial institutions under the various banking laws. While her knowledge of the Federal Reserve’s rules, policies, and guidance sets her apart, she is also known for her confidence in high-stakes situations.

“She’s completely unflappable, calm, despite some high-pressure situations. She never breaks that,” said David Freeman, head of the firm’s Financial Services practice group. “When she wants something done, she gets it done.”

» Read the full profile (subscription required).