Shearman & Sterling is acting as US counsel to the underwriters in connection with HSBC Holdings plc’s £12.5 billion SEC registered rights offering—the largest-ever UK rights offering funded by private investors.

The team advising the underwriters is being led by Richard Price (London-Capital Markets) in the firm’s London office. The team also includes counsel Rob Ferguson (London-Capital Markets) and associates Trevor Ingram (Paris-Capital Markets) and Tasha Matharu (London-Capital Markets). Associate Amy Lewis (New York-Tax) is advising on tax issues. US bank regulatory advice is being provided by partner Bradley Sabel (New York-Asset Management) and broker-dealer regulatory advice is being provided by counsel Charles Gittleman (New York-Capital Markets) and Russell Sacks (New York-Capital Markets) and associate Jennifer Morton (New York-Capital Markets).

For more information, please contact Caroline Paul | London | T +44 20 7655 5068 |