Financial Services

Financial Services

Many financial services businesses are seeing strong growth on the back of very positive corporate earnings and low interest rates; however, many are becoming vulnerable to increasingly aggressive market regulation.

This has led to record-breaking fines imposed on even the largest organisations for previous misdemeanours, which has impacted their profitability.

In addition, since the financial 'crash' of 2008, many financial lending institutions have taken the opportunity to repair balance sheets; however, it is clear that some sections of their portfolios remain exposed and require restructuring and intense management time to get them back on an even keel.

Debts and capital repayments still require careful management and while it is true that many lenders would understandably like to ‘shake the tree’, regulatory constraints have complicated matters and hence more sophisticated solutions and turnaround options are required.

Unlocking Value

One of the most difficult decisions many lenders face will be whether to call in debts on a particular client and the ability to secure a satisfactory return for their business.

Our experts have a strong track record in implementing business performance improvement programmes, unlocking value and protecting the value of assets. Of course, timing is everything and effective turnaround plans depend almost entirely upon the moment in the cycle at which a distressed business is brought to our attention. We typically carry out a diagnostic business review and prepare a wide variety of proposals to ensure both the bank and its client have some sensible options to consider.

A refinancing option may help banks secure an optimised exit and similarly lenders frequently acknowledge the benefits of our creating an accelerated merger and acquisition prospectus so that suitors interested in bolt-on volume will be attracted to the asset. Our multidisciplinary teams collaborate with the bank and the business to ensure the most satisfactory outcome for both sides, reducing the lender’s exposure in line with their strategy.

Litigation Support

With litigation a fact of life for many financial services institutions, we have supported a number of businesses to make their case against, or in defence of, a case. Using technology-driven data analysis tools and expert forensic consulting services, we assist banks and financial institutions in their public disclosure obligations, reviewing relevant documentation and delivering a proportional response.

Related Insights

Download our expert insights below.

Related Case Studies

Posted in: Financial Services

Project Bagpipes

We were engaged by the Cayman Islands Monetary Authority (“CIMA”) to serve as independent examiner and assist in the investigation and analysis of a licensed bank and broker dealer.

Find out more

Posted in: Financial Services

Fairfield Sentry

We were appointed as liquidators over Fairfield, a BVI based fund, which had invested in the Bernard Madoff Ponzi scheme and suffered a net loss of $6 billion.

Find out more

Posted in: Financial Services

Project Jetway

A financial institution was suspected by the United States Senate of being involved in money laundering, drug trafficking, and terrorist financing activities.

Find out more

Posted in: Financial Services

William and Patricia Millard (The Debtors)

The Debtors faced disputed tax claims of over $120 million made by the Commonwealth of Northern Mariana Islands (a Commonwealth of the USA) in relation to default judgments obtained against them.

Find out more

Posted in: Financial Services

SPHinX

Following the bankruptcy of Refco LLC and related companies in the United States, the SPHinX Group collapsed and we were appointed liquidators over the funds.

Find out more

Posted in: Financial Services

Securing a Multi-Bank Banking Facility

A leading energy support services provider approached us to assist with arranging its new debt facil…

Find out more

Posted in: Financial Services

Carlyle Capital Corporation

This is a hedge fund registered in Guernsey, listed in Amsterdam, but managed from New York & Wa…

Find out more

Posted in: Financial Services

Pentagon Capital Management

This is a UK based hedge fund manager that manages various funds in Offshore jurisdictions. Followin…

Find out more