• The bank beat the analyst consensus with its earnings before one-time charges that included restructuring and asset amortization, reporting 65 cents per share versus the 57 cents per share expectation.

    FORBES: U.S. Bank Earnings Hit and Miss

  • Management has indicated restructuring could include asset disposals, which we do not factor in for now.

    FORBES: Alcatel-Lucent: Morgan Stanley Ups To Overweight; Shrs Rise

  • Including its restructuring plan and an asset impairment charge, it forecast full-year earnings of 62 cents to 73 cents per share.

    FORBES: Market Scan

  • Whatever team she puts in place, Miss Megawati seems unlikely to press hard for asset sales from the bank-restructuring agency, for deep cuts in subsidies, or for reducing the government's influence over small business and agriculture.

    ECONOMIST: Indonesia

  • The restructuring of Laiki and the sale of the toxic-asset laden Greek branches of Cypriot banks is expected to cut the amount the country needs to raise to about 3 billion euros instead of 5.8 billion euros, officials have said.

    NPR: Cyprus Locked In Tough Talks As Deadline Looms

  • Chesapeake has become a complicated asset play after a crippling commodity price crash and questionable management ethics led to major restructuring.

    FORBES: Connect

  • And today the FT announces that Deutsche Bank will undertake a major restructuring, reducing risky business while growing safer, if more boring areas such as asset management and transaction banking.

    FORBES: Barclays Gets Ethical, Not Simply Legal, On Taxes.

  • Two new entities will be created: the Financial Restructuring Agency (FRA), which will rescue ailing finance companies and banks, and the Asset Management Corp. (AMC), which is tasked with taking over bad loans.

    CNN: UNDER THE KNIFE

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