Investment Banking

Bank of America’s Ferrari fine-tunes M&A engine in Europe

The bank’s top dealmakers hope a focus on long-term relationships will help a bumper start to the year continue

Luca Ferrari of Bank of America Merrill Lynch
Luca Ferrari of Bank of America Merrill Lynch Photo: company photograph

Mergers and acquisitions bankers at Bank of America Merrill Lynch have enjoyed a busy start to the year in Europe - giving the Wall Street bank’s regional M&A boss reason for cheer less than a year into the job.

During the first three months of this year, the bank worked on $105.9 billion of announced deals involving a European company, according to FN analysis of data from Dealogic. Advising Swiss biotech business Actelion on its $30 billion takeover by Johnson & Johnson was a high point.

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