Banks are regarded as special institutions, and regulated and supervised heavily than other institutions. However, regulation and supervision cannot achieve zero failure regimes. Banks fail like any other commercial entities, and will continue to fail. Failure of a bank may trigger formal insolvency (resolution) proceedings, if there is no available option to save it as a going concern. Bank insolvency proceedings comprise various mechanisms, instruments, and transactions to enable resolution authorities to properly deal with a failed bank. Bank restructuring within insolvency proceedings means taking extensive measures to resolve the bank’s problems, including recapitalisation, transfer of the bank’s shareholding or asset base to new investors, or the bank’s merger with (or acquisition by) another healthy bank and employing other restructuring techniques. This article analyses bank restructuring and possible tools and mechanisms that resolution authorities should have at their disposal to smoothly conduct the process.