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Wells Fargo Hires TD Bank’s Top Lawyer as Its Own

March 16, 2020, 12:31 PM

Embattled bank Wells Fargo & Co announced that it’s appointed Ellen Patterson of Toronto-Dominion Bank as its general counsel following a search that lasted several months

New Boss: Patterson, a former 14-year Simpson & Thacher partner, has been at the head of TD Bank’s legal department since 2017. She’ll be based out of the bank’s New York office, and joins Wells Fargo at an interesting time—the bank just last month inked a $3 billion settlement with the DOJ and SEC over consumer banking abuses.

Big Job: “I am excited to join Wells Fargo during a transformational time in the company’s history,” Patterson said. “I look forward to collaborating with leaders across the company to shape the culture, help businesses innovate, and produce the best outcomes for the customers and communities Wells Fargo serves.”

Brian Baxter has the story.

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Baker & Hostetler launched an office in San Francisco after adding Robb Adkins as a partner from Winston & Strawn | Debevoise & Plimpton said that Eric Dinallo has returned to the firm to chair its Insurance Regulatory Practice and join its Financial Institutions and White Collar & Regulatory Defense Groups | Jackson Walker has relocated its San Angelo office; their new address is 136 W. Twohig, Suite B, San Angelo, TX 76903 | Greenberg Traurig elevated five attorneys to shareholder and five to of counsel in the firm’s California offices | Sherman & Howard elected six new leaders to management positions | Thompson Coburn appointed Rick Reibman as managing partner of the Chicago office (he is a vice chair of the Corporate and Securities group); the firm also announced the opening of a new office in Dallas | McCarter & English recently elected Thomas “Tom” Finn as the newest member of the Executive Committee, while Cynthia Keliher has been reelected to the committee | Shook, Hardy & Bacon promoted 14 attorneys to partner | Marshall Dennehey launched four new practice groups - Behavioral Health Risk and Liability, Electronic Medical Record and Audit Trail Litigation, Emergency Medical Services, and Telehealth and Telemedicine | Nixon Peabody promoted 13 attorneys to counsel | Shutts & Bowen recently appointed James Eaglesham as the firm’s new Chief Financial Officer (CFO) | K&L Gates has elected 41 lawyers worldwide as new partners of the firm; 17 out of 41 of the lawyers are women.

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To contact the reporter on this story: Bruce Kaufman in Washington at