European Financial Services M&A news and views

November 2010

Deal activity in the financial services sector is showing signs of recovery as bank restructuring continues to accelerate and private equity firms start to play a bigger role in the sector again for the first time since the economic crisis.

According to the ‘European Financial Services M&A Insight’ report, bank restructuring remains the central driver of financial services deal activity, accounting for €13bn of deals in the third quarter, up from €6bn in the previous quarter. This increase in activity aided an overall surge in deal values across the sector to €17bn in the third quarter, a 55% rise from the previous quarter, and the highest value seen since the second quarter of 2009.