M&A in financial markets
M&A (Mergers & Acquisitions) in financial markets involves companies combining, acquiring, or selling to grow, gain market share, acquire tech, or enter new markets, with activities managed by specialized bank divisions and involving complex financing (cash, stock, debt) and valuation. Key drivers include strategic growth, competitive advantage, and responding to industry shifts, seen in recent trends like asset manager consolidation to build scale or offer new products, with private equity playing a big role in deal volume.