Senior UBS dealmaker Simon Warshaw is leaving the bank after playing a key role in advising British mobile operator Vodafone on its US$130bn exit from the US.
Warshaw is thought to be planning his own boutique firm to advise on takeovers and…
Senior UBS dealmaker Simon Warshaw is leaving the bank after playing a key role in advising British mobile operator Vodafone on its US$130bn exit from the US.
Warshaw is thought to be planning his own boutique firm to advise on takeovers and fundraisings.
He will continue working with a number of major UBS clients, including helping Vodafone close the sale of its 45% stake in US-based Verizon Wireless to local giant Verizon Communications.
UBS declined to comment on Warshaw’s plans outside of the bank.
In an internal memo sent last night, Andrea Orcel, who heads the investment banking arm of UBS, said Warshaw was leaving after 27 years with the Swiss group to “embark on a new chapter in his career”.
He said: “Simon will maintain a close relationship with the firm and will continue to work with UBS on a number of key clients and projects with which he is already closely involved. Although we are sorry to see Simon leaving, we wish him continued success and look forward to working with him in the future.”
Warshaw is reportedly set for a multimillion dollar bonus from working on the Vodafone/Verizon deal. Other top UBS bankers advising Vodafone on the sale include Christian Lesueur and Jonathan Rowley.
