City Of London

HSBC Taps Boutique Adviser Robey Warshaw for Defense Role

  • Robey Warshaw is working for the bank alongside Goldman Sachs
  • Chinese insurer Ping An is pushing HSBC to spin off Asian unit

The HSBC Holdings Plc headquarters building in Canary Wharf, London.

Photographer: Simon Dawson/Bloomberg
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HSBC Holdings Plc has brought on boutique advisory firm Robey Warshaw as a defense adviser, as the bank moves to fight calls for a breakup from its biggest shareholder, people with knowledge of the matter said.

The London-headquartered lender is working with Robey Warshaw and Goldman Sachs Group Inc. on an internal review of the case for a split of the business, the people said, asking not to be identified because the information is private.