Christopher DeCresce | Source | Partner at Covington & Burling LLP
Christopher DeCresce
Partner at Covington & Burling LLP
and 3 other companies
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They (marketplace lenders) have to register in every state they want to do business in, and that can be a cumbersome process. A lender that is trying to make loans nationwide may find themselves having a hard time keeping up with the regulatory requirements of each state. A national charter may be more appealing to them.
17 November 2019
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17 November 2019article
Are Troubled Banks and Fintech a Perfect Fit?As more fintech companies seek bank charters in the U.S., acquiring a community bank is one potential option.
Employment
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Covington & Burling LLP
Partner
started Apr 2015 -
Sandler O'Neil and Partners (http://www.sandleroneill.com/)
Managing Director, Investment Banking Group
Feb 2007 – Apr 2015 -
Cleary Gottlieb Steen & Hamilton (https://www.clearygottlieb.com/)
Associate
Aug 2001 – Feb 2002