Reported about 13 hours ago
European banks are experiencing record profits, leading to increased discussions about mergers and acquisitions as they seek to compete with larger U.S. counterparts. Despite strong earnings, European institutions remain smaller, prompting a rise in deal-making activity, particularly in asset management and fintech. However, political opposition and regulatory hurdles persist, and while experts anticipate a flurry of M&A activity in 2025, it remains unclear whether transformative deals will materialize amid ongoing industry pressures.
Source: YAHOO