Mckinsey and Company

NOVEMBER 9, 2022

For many start-ups, the challenge is no longer about securing capital—it’s about learning how to restructure themselves as fast as their products or organizations can evolve.

Restructuring 323

Restructuring Securities 323

Corporate Finance Lab

FEBRUARY 14, 2022

The overall theme of the academic conference will be: “The Emerging New Landscape of European Restructuring and Insolvency”. The legal development have not stopped with the pandemic, in fact it has set in motion many new developments. Programme and registration details. To conference will be in person in Dublin on 2 and 3 Mach 2022.

Restructuring 62

Restructuring 62

CFO Dive

JANUARY 11, 2023

Alcoa’s controller will move to its CFO seat among an executive restructuring plan designed to help the company focus more deeply on cost and innovation.

CFO 253

CFO Restructuring Planning 253

CFO Share

MARCH 16, 2021

Then I am hired to negotiate with lenders to help small businesses restructure debt and avoid folding. Does your small business need debt restructuring? When should I restructure my business debt? Signs you should restructure business debt include: Paying interest rates in excess of 10% APR. What is good business debt?

Restructuring 52

Restructuring CFO Finance Profit and Loss 52

CFO Selections

JUNE 20, 2022

Debt restructuring and debt consolidation are two debt management strategies that companies can use when they need help getting out from under their debt. Obviously, you cannot simply make business debt disappear. Wouldn’t that be nice?!) But what you can do is make it more manageable, so it is easier to pay off.

Restructuring 52

Restructuring 52

PYMNTS

JANUARY 27, 2019

Reuters reported that in addition to exploring strategic alternatives, the company is currently working to restructure its outstanding debt, which was at $902.8 Justice Department to extend a deferred prosecution agreement, which paves the way for MoneyGram to restructure its debt. billion to look for strategic alternatives.

Restructuring 76

Restructuring Entertainment Sales Marketing 76

CFO Dive

JANUARY 20, 2023

The regional bank will aim for low-level expense growth and conduct some measure of organizational restructuring as it looks to position itself to weather a mild recession, CFO Zach Wesserman said.

Restructuring 228

Restructuring CFO Banking 228

Corporate Finance Lab

DECEMBER 3, 2021

The official deadline for the implementation of the Directive (EU) 2019/1023 on restructuring and insolvency was scheduled for 17 July 2021. Such class formation for the approval of a restructuring plan is unprecedented in Belgian insolvency law and could completely upset the bargaining dynamics between stakeholders in Belgian restructurings.

Restructuring 61

Restructuring Planning Reconciliations Corporate Finance 61

Nerd's Eye View

NOVEMBER 8, 2022

What's unique about Cean, though, is how the path that he and his partners took to break away from the insurance and brokerage worlds to run their own independent RIA inadvertently created a three-way struggle to find the proper compensation and accountability structure across their differing books of business, and ultimately forced them to seek third-party (..)

Restructuring 52

Restructuring Accounting Leverage Planning 52

CFO News

MARCH 20, 2023

The cash-strapped carrier has been facing multiple headwinds though it reported a multi-fold rise in net profit to Rs 107 crore in the three months ended December 2022, helped by better performance in passenger and cargo businesses.

Restructuring 52

Restructuring 52

PYMNTS

OCTOBER 28, 2019

Losses at some HSBC businesses are causing the bank — Europe’s largest — to restructure, CNBC reported Monday (Oct. HSBC group CFO Ewen Stevenson announced plans to restructure the businesses with the greatest losses, its U.K. We haven’t yet sized what that means in terms of the restructuring.”. businesses.

Restructuring 40

Restructuring Profit and Loss CFO Banking 40

PYMNTS

JULY 19, 2019

To look into debt restructuring options that would provide the retailer more time to make a turnaround, JCPenney Co Inc has reportedly hired advisers. Even so, one of the unnamed sources put out the caveat that the plans for restructuring are at an early stage.

Restructuring 51

Restructuring Profit and Loss Retail eCommerce 51

Future CFO

FEBRUARY 26, 2020

Many companies in Asia Pacific will be forced to restructure operations to stay afloat if the new Coronavirus outbreak (COVID-19) worsens, said Tricor Group that recently released its COVID-19 Business Sentiment and Resilience Barometer Report. . Key findings .

Restructuring 40

Restructuring Finance Marketing 40

PYMNTS

JUNE 4, 2019

Wells Fargo announced on Tuesday (June 4) that it has restructured its commercial banking business. In a press release , Wells Fargo said Kyle Hranicky, a 25-year veteran of the company, will head up its commercial banking business.

Restructuring 59

Restructuring Banking Treasury Investments 59

PYMNTS

SEPTEMBER 24, 2019

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for the Chinese payments company. . The proposed restructuring will happen with Alibaba exchanging 37.5 percent of pre-tax Ant Financial profit for a 33 percent stake in equity.

Restructuring 52

Restructuring Marketing 52

PYMNTS

OCTOBER 30, 2019

Germany’s Deutsche Bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs, The Wall Street Journal (WSJ) reported Wednesday (Oct. The restructuring has Deutsche Bank leaving equities trading along with other operations that aren’t profitable.

Restructuring 41

Restructuring Banking Profit and Loss Concentration 41

CFO News

DECEMBER 16, 2022

The company owes a group of 10 lenders led by State Bank of India (SBI) a total of ₹4,900 crore. Delays in payments had meant the account was tagged as NPA in the fourth quarter of last fiscal. However, the company cleared its outstanding dues in the last three months and has proposed a fresh payment schedule to banks.

Restructuring 52

Restructuring Planning Banking Accounting 52

CFO Dive

AUGUST 10, 2022

Alvarez & Marsal Managing Director Matt Kvarda will step in as interim CFO for beauty brand Revlon as it goes through corporate restructuring, with the consulting firm reaping a $165,000 monthly fee.

CFO 147

CFO Restructuring 147

CFO Dive

JUNE 21, 2022

As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses, said CFO John Greene.

CFO 147

CFO Restructuring 147

CFO News

JANUARY 16, 2023

Experts said the tax authorities' opposition to some of the corporate restructuring deals stems from concerns that some deals may be structured to avoid taxes. There are also rising instances of the tax department raising the GAAR issues in corporate restructuring at the time of assessment, they said.

Restructuring 98

Restructuring 98

CFO News

APRIL 6, 2023

Edtech company yet to agree to the clause; lenders also want fortnightly updates on firm’s cash position. Byju’s holds $650 million in overseas accounts and about Rs 1,500 crore in liquid funds in India

Restructuring 52

Restructuring Accounting 52

PYMNTS

SEPTEMBER 30, 2018

Tencent Holdings revealed that it is restructuring for the first time in six years as it faces tougher Chinese internet regulation. According to Reuters , the Chinese internet giant announced that Tencent executives will consolidate three content business groups to one unit and implement a new group for cloud and smart industries.

Restructuring 58

Restructuring Numbers Technology 58

Future CFO

OCTOBER 28, 2019

HSBC’s CFO Ewen Stevenson said the bank plans to restructure its loss-making businesses after announcing an 18% year-on-year drop in pre-tax profit in Q3 on Monday. The post HSBC CFO: Bank to restructure after Q3 profit drop appeared first on FutureCFO. The Hong Kong-listed bank reported pre-tax profit of US$4.8

CFO 40

CFO Restructuring Banking Profit and Loss 40

PYMNTS

JUNE 4, 2019

Wells Fargo announced Tuesday (June 4) it has restructured its Commercial banking business. In a press release , Wells Fargo said Kyle Hranicky, a twenty-five year veteran of the company will head up the Commercial Banking Business.

Restructuring 40

Restructuring Banking Treasury Investments 40

PYMNTS

OCTOBER 23, 2019

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company said on Tuesday (Oct. 22) that it is now part of parent company AZA Group, which now encompasses the BitPesa, BFX and TransferZero brands.

Restructuring 40

Restructuring Foreign Exchange Securities B2B 40

PYMNTS

JANUARY 19, 2017

BCBG announced plans to close stores and restructure the company due to mounting pressure from its debt burden and more consumers opting to shop online. Lubove confirmed that BCBG is s looking into a “variety of options” in its efforts to restructure the business. told Bloomberg in an emailed statement.

Restructuring 40

Restructuring Retail eCommerce Planning 40

CFO News

MAY 25, 2023

The Securities and Exchange Board of India (Sebi) said SpiceJet's proposed preferential share issue to aircraft lessors as part of its plan to restructure its outstanding lease liabilities need not have independent valuation.

Valuation 52

Valuation Restructuring Sales Securities 52

CFO News

MARCH 22, 2023

Banks want that a restructured MSME account under the Covid package be considered NPA from the latest date and not from the date prior to restructuring. This comes after, in certain cases, banks were told to treat such accounts as bad loans starting from when they were restructured and accordingly make provisions.

Banking 52

Banking Restructuring Accounting 52

PYMNTS

OCTOBER 29, 2019

A trial has begun against the financial institution Royal Bank of Scotland (RBS) brought by a small business owner and former RBS client suing the bank for damages related to RBS’s disgraced Global Restructuring Group (GRG). Bloomberg reported Tuesday (Oct.

Restructuring 40

Restructuring Banking Treasury Sales 40

PYMNTS

JULY 22, 2020

Nike announced several changes to its senior leadership Wednesday (July 22) as it looks to accelerate digital business and simplify consumer experiences with its Consumer Direct Acceleration (CDA) strategy, according to a press release. “We

Restructuring 71

Restructuring Leadership Planning eCommerce 71

CFO News

MAY 16, 2023

The move is seen as a big boost for the startup sector that has seen a rise in corporate restructuring in recent times. M&As in startup and MSME sectors will now be able to secure approval within 15 days that can go up to a maximum of 60 days, a corporate affairs ministry (MCA) notification said.

Startups 52

Startups Restructuring Securities 52

CFO News

FEBRUARY 9, 2023

Disney is the latest media company to announce job cuts in response to slowing subscriber growth and increased competition for streaming viewers. Disney earlier reported its first quarterly decrease in subscriptions for its Disney+ streaming media unit, which lost more than $1 billion.

Restructuring 52

Restructuring 52

CFO News

APRIL 28, 2023

"The internal restructuring exercise was undertaken with a view to have greater synergies amongst the available statistical manpower and improve data quality not only for survey data but also for administrative statistics," a press note issued by the ministry in 2019 had said.

Restructuring 52

Restructuring 52

CFO News Room

NOVEMBER 26, 2022

in the premarket, following a report by RBC Capital that said Deutsche Bank’s restructuring progress has been overlooked by investors. Nonetheless, the stock rose 1% in the premarket. Deutsche Bank (DB) – The German bank’s U.S.-traded traded shares added 2.4% in the premarket, on top of its 28.9%

Restructuring 130

Restructuring Banking Retail Sales 130

CFO News

MAY 4, 2023

Go First Airlines is seeking a comprehensive debt restructuring, and it is not a malicious petition to avoid payments of dues. The tribunal bench mentioned that there is only a provision for absolute moratorium under IBC.

Restructuring 52

Restructuring 52

CFO News Room

AUGUST 31, 2022

Gorbachev is famous as the architect of “perestroika,” or restructuring, and “glasnost,” or openness. His greatest achievement was allowing the Cold War to end without a war or a worse conflagration that the world feared for decades. They were radical concepts in the 1980s after decades of Stalinist and totalitarian Communist rule.

Restructuring 100

Restructuring Securities 100

PYMNTS

APRIL 22, 2020

A third of online lender LendingClub ’s workers will be laid off , the company said on Tuesday, April 21. That’s 460 employees, including President Steven Allocca, as the company tries to navigate the tumultuous economy surrounding the coronavirus pandemic and slash costs.

Restructuring 54

Restructuring Planning Economics Numbers 54