Slaughter and May, Allen & Overy, Herbert Smith and Simmons & Simmons have all landed plum roles as key advisers to the UK Government on the winding-down of its stake in banks that were recapitalised during the financial crisis. The much-discussed United Kingdom Financial Investments (UKFI) panel will predominately provide the appointed firms with capital markets work as the Government looks to reduce its interests in RBS and Lloyds.
November 20, 2009 at 08:10 AM
1 minute read
The original version of this story was published on Legalweek
Slaughter and May, Allen & Overy, Herbert Smith and Simmons & Simmons have all landed plum roles as key advisers to the UK Government on the winding-down of its stake in banks that were recapitalised during the financial crisis.
The much-discussed United Kingdom Financial Investments (UKFI) panel will predominately provide the appointed firms with capital markets work as the Government looks to reduce its interests in RBS and Lloyds.
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