New Dawn for European Bank M&A: Top 5 Trends
Contributors
Britta Schmidt, Partner and Senior Analyst, Autonomous
Eric Li, Head of Global Banking Research, Coalition Greenwich
Keri Elborn, Senior Director, Financial Services, Alvarez & Marsa
European banking M&A activity in 2021 is on track to outpace both 2020 and 2019 levels as a range of factors, including cost pressures, low interest rates and digitalization, encourage deal making in the industry. Heading into 2022, activity is expected to continue apace, but the nature of these transactions is shifting away from typical consolidation plays to much more nuanced, strategic projects. Banks will continue to have to make tough decisions about their operations after years of low interest rates and competitive pressures. Meanwhile, a range of non-bank players, include Big Tech and private equity firms, are casting their eye over the market and could have a major impact on the European banking landscape.
