The financial services industry is facing its greatest challenges since the Great Depression. Once vibrant, leading corporations in regions around the globe are struggling for survival. Governments are caught between rising deficits and the need to rescue large private corporations who provide employment to millions.
On the consumer side, loose lending policies have fueled spending which has led to high debt rates and a massive housing bubble. Governments around the world face urgent issues, and the financial services industry plays a key role leading to future economic prosperity.
Implications of the economic crisis have profoundly influenced industry structure. Investment banks have failed. Multinational banks based in the U.S. are dealing with nationalization tied to bailout funds. Insurance companies are experiencing profound losses. Hedge funds, private equity and venture capital firms are at a virtual standstill. Credit card companies are dealing with rising loss ratios from consumers and small businesses laden with debt.
AlixPartners is the right firm at the right time to help financial services companies address these issues. As the leading global restructuring and advisory firm, we offer unmatched capabilities coupled with a sense of urgency to drive both immediate and enduring impact. Our services include:
- Growth strategy and strategic planning
- Revenue and price optimization
- Customer/channel profitability
- Sales/channel management
- Back-office cost improvement
- Working capital and cash flow management
- Mergers and Acquisitions, Post-Merger Integration and Due Diligence
- Financial, IT and organizational Restructuring
- Bankruptcy reorganization and claims management
- Financial Advisory Services
- Litigation Support