Bank deals take centre stage in vintage year

European financial institutions scramble to recruit top bankers as the M&A spree hits new heights

It is seldom a bad time to be a mergers and acquisitions banker in financial services, but this year looks set to be a vintage one. Activity in the sector accounts for 28% of European M&A, the highest proportion for five years.

Financial institutions make up a quarter of global market capitalisation, a quarter of global M&A activity and 25% of equity capital markets business, according to analysts. About 70% of debt capital market raisings are made by financial institutions.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line