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Amount paid to advisors in 2009 for work on the APS
Text of request
For breakdown by firm of the £26.5 million spent on advisors providing advice on the Asset Protection Scheme.
Text for disclosure
The table below outlines how much as has been paid to legal and financial firms in 2009 up to 13 August (the date of the original FoI request). Final figures will be published in due course.
Under the terms of the agreements with financial institutions participating in the Asset Protection Scheme, certain fees are recoverable and the sum does not therefore represent a net cost to the Treasury.
|
Investment bank/advisor |
Amount paid in 2009 for HM Treasury APS work |
|
BlackRock |
£1,250,000 |
|
Citi |
£1,670,000 |
|
Credit Suisse |
£3,919,691 |
|
Ernst & Young |
£4,278,745 |
|
KPMG |
£6,532,630 |
|
PWC |
£4,182,121 |
|
Slaughter and May |
£4,623,806 |
|
Total |
£26,456,993 |
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