Sentence examples for restructuring of the firm from inspiring English sources

At the time of death, Andrea was in the midst of a financial restructuring of the firm, keeping the creditors at bay as he engineered an £80m recapitalisation that would reduce the family's interest from 55% to around 30%.

The restructuring of the firm, located in the Woolworth Building on lower Broadway just blocks from where the Twin Towers stood, shows how the attacks are still being felt in the local economy.

Last year was "a difficult one for all at HSBC as we addressed the restructuring of the firm against a lower-growth economic backdrop and with legacy issues and regulatory challenges imposing a further set of imperatives," Douglas J. Flint, HSBC's chairman, said in a statement.

Douglas J. Flint, HSBC's chairman, said in a statement that last year was "a difficult one for all at HSBC as we addressed the restructuring of the firm against a lower-growth economic backdrop and with legacy issues and regulatory challenges imposing a further set of imperatives".

With Japan's government unable, or unwilling, to clean up the banks' loan portfolios or force restructuring of the weakest firms, Japanese firms have spent the past decade painfully working off their earlier excesses.

A reduced earnings outlook from retailer Toys R Us "reinforces the company's competitive disadvantages and the inevitability, barring very meaningful structural changes, of the downsizing of this business and/or the restructuring of the entire firm," according to Goldman Sachs.

As part of the restructuring process, the firm has sold key assets over the past few months, including its US headquarters in New York and some of its shares in M3, a medical research and marketing firm.

Across its global operations around 1,800 posts are expected to go as part of a major restructuring, the firm has said.

In three years he had recapitalised a business that was almost worthless on his arrival, restructured the British half of the firm, returning it to profit, and apparently healed the divisions between British and Dutch managers.Peugeot, for its part, was basically a sound company, but had been drifting for a few years.

[C4.] 50 Laid Off at Goldman Sachs Goldman Sachs laid off 50 traders and sales executives in its equities division, in the latest sign that the firm's restructuring of the unit is picking up speed.

Much of that profit swing owes to a 1999 restructuring of the 120-year-old, hidebound firm.