Sharing deal insights - European Financial Services M&A news and views, October 2012

In this edition, we look at whether the pick-up in deal activity seen in the middle of the year is likely to continue. The other main focus of this edition is the prospects for investment in financial services in Russia and Central Europe.

Russia’s financial services sector has embarked on a period of renewed expansion. While we’re unlikely to see the major takeovers that propelled a number of international groups into leading market positions prior to the financial crisis, many institutions within Russia’s leading pack will be seeking international investment to help them sustain their current rate of growth.

Strong margins and buoyant consumer demand in the financial services sectors of a number of Central, Eastern and South Eastern European markets are attracting growing interest from investors. As some international groups withdraw from the region, ever more opportunities are opening up for new entrants and financial investors to move in.