James E. Scott

Director, Banking & Financial Law Program


BS, Georgetown University School of Foreign Service
JD, University of Michigan School of Law


As director of the LLM program in Banking & Financial Law, Jim is finally able to link his two professional interests: banking law and education. Jim began his career in banking law at the Board of Governors of the Federal Reserve System in 1973, shortly after graduating from law school. He spent the next four decades as a bank regulatory lawyer with the Federal Reserve and later a group of global US banks. He had senior regulatory positions with Security Pacific in Los Angeles, Bank of America in San Francisco, and Bankers Trust, Citigroup and Morgan Stanley in New York. Much of the work involved international regulation and international transactions. Jim completed this part of his legal career as the senior regulatory lawyer of Morgan Stanley and the general counsel of Morgan Stanley Bank.

Interspersed with his banking positions, Jim also held a position as assistant professor of business law, teaching undergraduates in the business school of Pennsylvania State University. He was also an adjunct professor teaching banking law at the law schools of the University of California at Berkley and at Catholic University in Washington, DC. He also was an adjunct in the Banking & Financial Law LLM program. In addition, for fifteen years Jim has taught young banking lawyers twice a year through a three-day Banking Law Basics course he helped to establish as chair of the Banking Law Committee of the American Bar Association.

Jim believes relocation to Boston may enhance the opportunities to enjoy his two of his personal interests, baseball and biking. As a lifelong Cleveland fan, Jim roots for the Indians and anyone playing the Yankees. He has already noticed he appears to be in a hotbed for rooting against the Yankees. As a biker who began his career riding to work at the Federal Reserve in Washington and who has been to Europe for almost a dozen biking trips, this move brings him closer to some great riding areas. Unfortunately, the graduate program staff may be all too aware the location does not enhance or inhibit his third great joy: belting out Beach Boys songs. After all, Jim was born in Surf City, Santa Cruz, California.

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