Imagine you are the CFO, sitting in the corner office of a bank whose headquarters are in Asia. On your books are a pile of non-core legacy assets that your team tells you are fairly valued. Your bankers also have a handful of restructuring solutions they promise will sort out the problem assets.
Trouble is, you aren’t sleeping well. You are not 100% convinced the products are fairly valued or that the solutions will work out. But you aren’t going to call your competitor sitting in a corner office of the same building and ask if his team could put a figure on the value of those legacy...