Deborah S. Prutzman has earned a reputation for helping financial institutions thrive despite difficult business circumstances. In her varied career, Ms. Prutzman has served as a partner in Paul, Weiss, Rifkind, Wharton & Garrison and Arnold & Porter, where she concentrated on banking issues.
As General Counsel to the Merrill Lynch Global Bank Group, she conceived and managed the reorganization of Merrill’s US banking operations to create a full service federal thrift. Her 60+ person legal team handled regulatory and product issues with a focus on a “knowledge management” system to assure quality and consistency of results and business partner understanding of key issues.
She served as General Counsel of CLS Services, the world’s foreign exchange netting system during its start-up stages. In the absence of precedent, she developed rules and contracts that satisfied the laws and regulations of 13 jurisdictions and 63 shareholder institutions.
She earned her law degree from Columbia University.