Editor's comment: M&A activity is steady, with some green shoots

Jonathan Swift

This year has seen only a steady drip of merger and acquisition activity, rather than a flurry, something that was noted by Pricewaterhouse Coopers in its European Financial Services M&A Insight published yesterday.

It found that the value of European financial services M&A activity during the first three months of the year amounted to E7.8bn (£6.7bn) — less than 10% of the E80bn recorded during the whole of

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