Bruce helps financial institutions navigate bank regulations. He counsels banks and other regulated entities through compliance and supervisory issues, enforcement defense, capital management and raises, and general communication and coordination with FDIC, the Federal Reserve, the Office of the Comptroller of the Currency, the National Credit Union Administration, and state regulators.
Bruce also guides financial institutions through major life events, including formation—whether de novo or through acquisition, changes in bank structure or control, mergers and acquisitions involving whole bank transactions, sales or additions of branches, conversions, and the variety of challenges presented by bank failure and FDIC receivership.
Bruce has been an Attorney-Mediator since 1992. He has served as an expert witness for the Resolution Trust Corporation and for retail banks in controversies involving the sale of bank stock and the duties of S&L directors. The United States Agency for International Development engaged Bruce as a Legal Advisor for Prudential Regulations to support the refinement of Macedonia’s supervisory structure. In that role, Bruce prepared a study of that country’s legal and regulatory framework and submitted recommendations to the National Bank of Macedonia.
Before associating with Johnston Pratt, Bruce was a partner with several prominent law firms, the general counsel of a large bank holding company, a senior legal officer for the OCC, and a commissioned officer with the United States Marine Corps.