Morgan Stanley, UBS and Goldman Sachs bankers form new advisory venture in London
A new advisory services venture had been formed in London by three former investment bankers. Former UBS banker Simon Warshaw , ex-Morgan Stanley banker Simon Robey and former chairman of the Rolls-Royce Group Simon Robertson announced on Thursday a new advisory services powerhouse that would be based in London. Robertson, a former Goldman Sachs Group banker, would be the new firm's nonexecutive chairman.
The new firm's headquarters were set in London to allow Warshaw and Robey to provide advisory services to clients on mergers and acquisitions and other corporate decisions and strategy. Most of Robertson's duties were also in London, as he has a number of nonexecutive director roles in firms that included The Economist Newspaper Ltd and HSBC. Robertson is also a trustee for the Royal Opera House endowment fund.
Warshaw and Robey had extensive, successful careers in mergers and acquisitions. Warshaw managed Vodafone's USD130 billion exit from Verizon Wireless. Robey on the other hand, previously sat as co-chairman of global mergers and acquisitions at Morgan Stanley.