Leading companies, financial institutions and public entities turn to Alvarez & Marsal (A&M) to solve their operational, financial and regulatory challenges and provide turnaround management solutions that work.

With more than nine years of experience in Spain, A&M works with leading companies, financial institutions and public administration to solve operational, financial and regulatory challenges and provide turnaround management solutions.

Following years of measures to restore business confidence and stabilize the banking sector, Spain still faces a challenging context. A&M serves as a trusted partner to help you to navigate through challenging times. With a local team and international reach, we provide clarity and results from beginning to end, driving critical change that will optimize performance and maximize value.


Euro Banking Pulse

June 4, 2019
Authors: Eduardo Areilza, Fernando De La Mora
The Euro Banking Pulse is a report based on analysis by A&M into the 24 largest European banks in 2018, scoring each of them against Key Performance Indicators (KPIs) linked to both profitability and resilience using proprietary calibration based on the European Banking Authority (EBA) and A&M thresholds.

The Excess Capital Hypothesis and the Experience of Spanish Banks from 1999 to 2016

September 15, 2016
Author: Bruce Stevenson
This issue of A&M Readings in Quantitative Risk Management examines the Excess Capital Hypothesis (ECH), an explanation of the cyclical pattern of loan losses experienced by U.S. commercial banks and the related credit expansion and contraction. The paper tests five predictions of the ECH against the dynamics of Spanish loan markets in the 2000s.
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Careers in Spain

We're looking for the best and the brightest, who expect more and want to make a difference. We're looking for you.

Transform operations, catapult growth and accelerate results.

Alvarez & Marsal delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action.

Whether serving as advisers to executive boards or in interim management roles within a turnaround and restructuring setting, our bias toward action and roll-up-your-sleeves culture remain the same. Powered by A&M’s restructuring heritage, our professionals assess business process management risks to help you address key areas impeding performance and implement sound solutions.


  • Financial Institutions Advisory
    A&M works with financial institutions to manage their most pressing challenges. With deep expertise in the banking sector, we advise on regulatory issues, capital management, risk, business models, and resolution and recovery.
  • Restructuring and Turnaround
    We collaborate with company management and serve in interim roles to stabilize financial and operational performance by developing and implementing comprehensive profitability and working capital plans.
  • Interim and Crisis Management
    We fill interim and crisis management roles to help guide companies through periods of distress or change. Our professionals work to improve operational / financial performance and create value.
  • Performance Improvement
    We partner with companies to drive significant, sustainable business performance improvement across their operations by seizing the right growth opportunities and improving profitability in the face of top and bottom-line challenges.
Hands-on leaders, problem solvers and value creators to help you unlock value at every stage.

At A&M, we pride ourselves on being independent thinkers and doers who will make a difference for the clients we serve. Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.

Serving businesses, governments and communities worldwide.

Whether serving as trusted advisers or in interim management roles to accelerate positive change, our professionals are on the ground across North America, Europe, the Middle East, Asia and Latin America.


Paseo de la Castellana 95, Planta 13
Torre Europa
28046 Madrid
+34 91 781 5521