FIG ties bind tight as bank M&A returns

By David Rothnie
01 Oct 2020

Domestic bank consolidation has returned to the top of the agenda, but for financial institutions bankers, unlocking the most lucrative relationships requires years of coverage and an ability to look beyond the quick fix of M&A, writes David Rothnie.

After years of dragging their heels, Europe’s banks may finally be following the M&A bankers’ playbook as the Covid-19 pandemic forces long-predicted domestic consolidation.

Last month, Spain’s CaixaBank and Bankia struck a €4.3bn merger to become Spain’s biggest domestic bank after two years of on-off negotiations were suddenly compressed into ...

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