Restructuring is the product group in the investment bank responsible for dealing with stressed, distressed and bankrupt debtors. ... Restructuring is an advisory group that will advise stakeholders on both sides of the bankruptcy, both the distressed borrower side and the creditor side.

What is financial restructuring banking?

Restructuring Investment Banking Definition: In Restructuring IB, bankers advise companies (debtors) on deals to modify their capital structures so that they can survive; they also work on bankruptcies, liquidations, and distressed sales, and they may advise the creditors, rather than the debtor, on each deal.

Is restructuring part of M&A?

M&A and restructuring are commonly accompanied by changes or transactions in capital (borrowing, buybacks, stock sales, etc.), either as part of the transactions or in parallel, but differ in that they change fundamental business operations and not purely finance.