Business recovery services – Banking and insurance

Banking

Our advisory team has delivered complex, multi-jurisdictional banking liquidations and controllerships, working with local and overseas regulators to unwind structures involving billions of dollars in assets and claim positions.

Our team has been involved in some of the major banking insolvency solutions of the recent and prior financial crises, with a depth of experience in:

• Resolution of custodial portfolios
• Realisation of large loan books
• Unwind of derivative positions and structured finance
• Working with onshore regulators in the Americas, EMEA and Asia
• Schemes of arrangement
• Deposit guarantee and trust issues
• Communication and classification strategies for large (500+) bodies of creditors in disparate geographic locations

Insurance

Our liquidation and controllership appointees have implemented wind-down and business sale solutions for a wide range of insurers, ranging from captives and reinsurers to large retail insurers.

Drawing on the expertise of the PwC insurance practice, our appointees have valued and sold large insurance businesses, working in close collaboration with local and overseas regulators.