Rothschild debt restructuring trio join Deloitte

Deloitte has hired Rothschild’s former head of debt advisory and restructuring for Asia, Robert Schmitz, and two members of his team — Richmond Ang and NK Naginlal Modi — as it makes a push into debt restructuring and advisory in the region. The auditing firm has an existing debt restructuring practice, but debt advisory is a relatively new area of focus for the firm both globally and in Southeast Asia.