The UK economy shrank by a record 9.9% last year as COVID-19 restrictions hit output, more than twice as much as the previous largest annual fall on record. (Source: The Office for National Statistics).
Businesses around the world are falling victim to the unprecedented impacts of COVID-19 and are now feeling the consequences it is set to leave in its wake. The financial services sector is no different.
Rebuilding the economy, all within an evolving regulatory landscape, is going to be complex. There is a need, now more than ever, for deep involvement of expert advisors and rapid turnaround.
Please join us for this Mishcon Academy: Digital Session for a practical overview of the opportunities and pitfalls for banks whose clients are facing financial distress during these unprecedented times.
- ESG: the opportunity for differentiation
- Dealing with distressed borrowers
- Non-performing loan sales
- Transition from LIBOR
- Perfecting and enforcing security