Hawkpoint, the London-based advisory arm of stockbroker Collins Stewart, is building a name for itself as something of a specialist in government-led bank restructurings.

After successfully advising the Icelandic government on the overhaul of its domestic banking system in 2009, Hawkpoint picked up the mandate to advise Anglo Irish Bank on the sale of €8.6bn of deposits and certain NAMA bonds (state-backed securities granted to the banks by Ireland's National Asset Management Agency in exchange for their toxic assets) to Allied Irish Banks, announced yesterday.