Thacher Proffitt & Wood, New York, said Michael Vallely has joined the law firm's financial services department in Washington.

He was senior transaction attorney for the business transaction division of the Treasury Department's Office of Thrift Supervision.

Fried, Frank, Harris, Shriver & Jacobson, New York, said Charles M. Nathan has joined the firm as a partner.

He was a managing director of Smith Barney Inc. and head of its practice in financial institutions mergers and acquisition.

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