Question · Q2 2026
Brian Kleinhanzl asked for more detail on restructuring trends, including episodic growth and specific pockets of stress like healthcare and commercial real estate, and inquired about the productivity and ramp-up timeline for non-U.S. bankers in EMEA and Asia-Pacific compared to the U.S.
Answer
Scott Adelson, CEO, stated that restructuring activity is diversified across geographies and industries, with no massive standout sectors currently, noting both thematic and idiosyncratic risks. Regarding non-U.S. bankers, Scott Adelson confirmed productivity varies by geography and tends to lag the U.S. due to business maturation, but expressed satisfaction with strong growth in EMEA and Asia-Pacific. Lindsey Alley, CFO, added that EMEA and Asia-Pacific have outperformed U.S. corporate finance year-to-date, despite being smaller businesses.