William J. Nolan
William J. Nolan is a senior managing director in FTI Consulting’s Corporate Finance practice and leads the FTI’s Financial Services practice. With more than 30 years of experience, he specializes in assisting senior management in financial and operational turnarounds and restructurings. Throughout his career, Mr. Nolan has worked with various financial services companies, including banks, mortgage firms, broker-dealers, commodity dealers, small business lenders and consumer lenders, managing restructurings both in and out of court. He has significant experience helping senior management teams and stakeholders develop and implement restructuring plans, stabilize operations, forecast liquidity, address underperforming operations, source debt and execute strategic transactions, including the divestiture of non-core operations and entire business enterprises. Mr. Nolan is currently working for First Citizens Bank in facilitating its acquisition of Silicon Valley Bank, and he has played key roles in other bank restructurings, such as Corp Group Banking, GMAC Bank, Capitol Bancorp, Advanta Bank and others. He also leads an FTI group that serves on the FDIC’s panel of bank-resolution experts. Mr. Nolan acted as lead financial advisor to seven large mortgage REITs affected by the pandemic-induced shutdown, guiding them through the crisis and successfully reaching standstills and longer-term amendments, avoiding potential shutdowns and liquidations. He also led the financial and operational restructuring of Residential Capital (ResCap), one of the nation’s largest residential mortgage originators and servicers, and he served as the restructuring advisor to the chapter 11 trustee of MF Global, a significant international broker-dealer specializing in financial derivatives and commodities. Throughout his career, Mr. Nolan has worked with a variety of residential mortgage companies. Before joining FTI Consulting, he was a partner in the U.S. division of PwC’s Business Recovery Services group. Mr. Nolan received his B.S. in economics from the University of Delaware and his M.B.A. in finance from the Wharton School of Business at the University of Pennsylvania.