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.
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.
