Bank consolidation has been happening for decades, and its pace has sped up in recent years. Borrowers and depositors are experiencing a number of side-effects.
The first quarter of 2025 was the slowest first quarter for M&A deals in more than a decade, according to Dealogic. That’s largely thanks to uncertainty about the economy and the regulatory environment.
Rising interest rates, a volatile stock market and a strict regulatory environment are just some of the factors that held back corporate dealmaking in 2023. Some of those obstacles could ease in 2024, but they aren’t going away.