KPMG is well known for its work within the Financial Services sector. Our extensive credentials combined with the technical experience within the wider UK firm, and network of global member firms, means we are exceptionally well placed to help Financial Services businesses facing difficult challenges.
Typical areas where we can help
KPMG UK Restructuring provides a multidisciplinary and holistic offering across Financial Services including banking, brokers and asset management
Address under performing balance sheet
- Accelerate pace and recoveries from NPL work-out
- On-board, manage and sell REO
- Sale of NPL and REO portfolios
- Sale / or exit of other non-core assets (e.g. foreign branches)
Improve efficiency and reduce costs
- Integration of external servicing capability ‘Champion vs. Challenger’
- NPL & REO Platform carve-outs
- Branch rationalisation planning and execution
- Cost reduction & headcount optimisation
Strengthen governance & stakeholder support
Governance and controls during periods of stress
- Liquidity management
- Credit risk assessment / watch-forum
- Troubled asset management (Loans, REO, Equity positions)
- Shareholder & creditor redress
Restore and maintain capital structure / capital adequacy
- Loan portfolio RWA optimisation
- Raising equity
- Accelerated sale processes
- Recovery & resolution planning
- Tactical use of insolvency to maintain / preserve value
- Financial restructuring
Wind-down and resolution (solvent & insolvent)
- Solvent wind-down
- Special Administration / Administration / Receivership / Liquidation
- Systemic resolution:
- Bridge Bank planning & execution
- Bad-bank / AMC planning & execution
Non-Performing Loans
For more information on our work with Non-Performing Loans (NPLs), click here.
Our experience
UK
Special Administrators of Dunfermline Building Society and MF Global UK, the two major UK financial services insolvencies post the Global Financial Crisis.
Administrator of several non-bank lenders including Elevate Credit, Curo, Welcome Financial Services (Cattles)
