New figures released by GlobalData have shed light on the top locations for mergers and acquisitions in the wealth management & private banking industries.
The data shows that M&A activity is strongest in the US, which saw a total of 37 deals announced in the most recent quarter (2022 Q1). That’s down from 58 deals announced in the previous quarter (2021 Q4).
India also performed well over the most recent quarter, with 16 deals (up from nine in 2021 Q4).
Which countries are emerging as M&A powerhouses?
Recent months have also seen an uptick in M&A deals in Greece. The country has seen four deals announced over the last two complete quarters, up from an average of one deal every six months between 2019 and 2021.
That's the largest increase in M&A dealmaking in the wealth management & private banking industries for any country.
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By GlobalDataDespite being a top location for M&A dealmaking in the wealth management & private banking industries, the US has had a difficult few months, with just 28 deals announced in the last two complete quarters.
That's a decrease compared the country's average of 90 deals announced every six months between 2019 and 2021, and the sharpest decrease in M&A dealmaking in the wealth management & private banking industries experienced by any country in recent months.
Globally, the situation is looking mixed for mergers and acquisitions in the wealth management & private banking industries.
A total of 154 deals were announced over the last quarter, down from 157 deals in the previous quarter but up from from an average of 134 deals per quarter over the previous three years.
GlobalData's deals database
GlobalData tracks the performance and activities of more than 675,000 companies in over 200 countries around the world.
The data analytics firm's deals database includes the details of approximately one million deals, ranging from mergers and acquisition to venture capital financing, equity offerings and debt offerings.