Dealmakers in the City can be forgiven for having rubbed their hands in recent weeks in gleeful anticipation of huge fees, with cross-border banking mega-mergers on the continent appearing to be back in vogue.
Now, the message is: not so fast.
Asset Management
The race for a mega cross-border bank merger begins
But expect to see more 'in-market' M&A like Virgin Money/CYBG before large cross-border transactions materialise
