Former Federal Reserve Bank of New York Official Rejoins Covington
May 21, 2024
NEW YORK—Meghann Donahue has rejoined Covington in the Financial Services practice, after serving as Associate General Counsel for the Federal Reserve Bank of New York. She will be based in Covington’s New York office.
While at the Federal Reserve Bank of New York, Meghann supervised and conducted enforcement investigations of financial institutions, advised on enforcement actions arising out of bank examinations, and counseled bank examiners on matters involving a wide range of unsafe and unsound practices, regulatory violations, and remediation at supervised institutions. Her experience includes investigations and actions related to Bank Secrecy Act/anti-money laundering compliance, consumer compliance, and risk management and internal controls. Meghann also provided counsel on bank regulatory developments, internal investigations, and policy and compliance matters.
“Meghann is widely-known as an accomplished enforcement, litigation, and regulatory lawyer who has a sophisticated and nuanced understanding of how banks are regulated,” said Mike Nonaka, co-chair of Covington’s Financial Services Practice. “Meghann’s broad based enforcement experience gained at the Federal Reserve and previously at Covington makes her uniquely positioned to counsel clients in navigating challenges with their prudential regulators.”
“I eagerly anticipate rejoining Covington and working alongside talented colleagues across the financial services practice and firm,” Meghann said. “I am looking forward to helping guide clients through the complex maze of the bank supervision and enforcement process and delivering results for our clients.”
Meghann received her B.A. from Boston College and her J.D. from Columbia Law School. Meghann served as a law clerk to the Honorable Robert D. Sack, U.S. Court of Appeals, Second Circuit and to the Honorable Jed S. Rakoff, U.S. District Court, Southern District of New York.
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