European Banks' Lacklustre M&A Activity Mirrors the Global Slump in Dealmaking in 2023
M&A activity has suffered from uncertainties caused by high interest rates and US debt stress, with European banks among the most affected. Although 2022 European bank dealmaking fell to its lowest level in five years, recent figures indicate that a comeback is underway, which will hinge on how Europe’s macroeconomic environment fares.
Source: internationalbanker.com
