June 06, 2024

Banking Dive Quotes Max Bonici on M&A Trends in the Financial Services Sector

1 min

On June 6, 2024, Banking Dive quoted Max Bonici on mergers and acquisitions (M&A) trends in the financial services sector. According to the article, there are a number of ways that banks can move potential M&A deals forward to get approval from regulators. Some of these measures include capital raises and requirements, charter changes, and informing regulators earlier.

These actions are being taken in the wake of more and more regulatory approval timelines for bank M&A being stretched out. This cautiousness may be the result of last year’s five-year low in bank M&A activity.

“There was already a high bar; now there’s a higher bar,” Bonici explained. Many sources agreed that, “anything buyers can show or do to put regulators at ease will likely benefit a potential transaction.”

Click here to access the article.