In the non-performing loans arena, secondary deal activity has ramped up significantly due to maturing funds, the need to accelerate business plans, or investors reviewing their risk appetite given macro headwinds. There are several current defining factors influencing this, a boom of regulation to facilitate it, and technology and innovation playing an increasing role in the sector.
Michele Pedrotti, a director in Alvarez & Marsal’s Portfolio Advisory Group in London, recently joined DDC’S 9th edition of the NPL Management Summit in Athens, Greece. The main takeaways of the session are summarised below:

The report suggests the top 10 banks in the Kingdom witnessed robust growth in profitability as net profit increased 9.3 percent QoQ resulting in a return on equity (RoE) of 14.8 percent in Q3’22.

The Netherlands, UK, France, Germany, Italy and Spain have confirmed that they are moving ahead with the implementation of the OECD’s Pillar 2 Model Rules and are targeting an effective date of 1 January 2024 with the undertaxed profits rule to become effective as of 2025.

The International Women's Insolvency and Restructuring Confederation (IWIRC) has named Alvarez & Marsal’s Tiffany Wong 2022 Woman of the Year in Restructuring (Asia) as a reward for her contribution to the insolvency and restructuring industry through outstanding leadership, mentoring, training and publications.

Alvarez & Marsal Healthcare Industry Group Co-Heads Martin McGahan and Peter Urbanowicz recently discussed financial challenges affecting health systems in an article featured in Healthcare Finance News, "Health Systems Need to Balance Their Service Offerings Against Dwindling Financial Resources."

Mixed Q3 2022 financial results, continued production issues and an improving microchip outlook result in an unclear path ahead moving into 2023

That is the question. At least it is for remuneration committees considering their approach to executive director salary increases for next year.

Our experts break down the hot trends and important matters in sales and use tax discussed at
the Institute for Professionals in Taxation’s (IPT) 2022 Annual Sales Tax Symposium.

How the current energy crisis is likely to result in permanently higher energy costs:
Managing the current crisis is essential for surviving, but understanding the lasting impacts is key for the longer term.
The ongoing global energy crisis since 2021 has been proven quite economically destructive due to its sheer price increase and the speed at which this has happened.

Earlier today, the Investment Association published updated Principles of Remuneration and a letter to remuneration committee chairs setting out their members’ expectations for the 2023 AGM season.

Jovens de 18 a 29 anos, de baixa renda, residentes na cidade de São Paulo ou cidades adjacentes (até 50 km da capital), poderão se candidatar para as 60 vagas oferecidas para o projeto IMPULSO

Jovens de 18 a 29 anos, de baixa renda, residentes na cidade de São Paulo ou cidades adjacentes (até 50 km da capital), poderão se candidatar para as 60 vagas oferecidas para o projeto IMPULSO

Read our key insights on how retail has been impacted by the economic slowdown and key steps for survival in “Walking a Tightrope: Retailers Grapple With Inflation, Debt and Dwindling Demand”.

Chancellor of the Exchequer Jeremy Hunt addressed the UK parliament at 11:30 this morning to set out a £54 billion plan to cut spending and raise taxes – with the latter contributing around £24 billion of that total.

Five new Q4 2022 Managing Director appointments bolster A&M’s international tax, sales and use tax, global transaction tax, and executive compensation expertise globally.