EY – Balancing Act: Growth and Uncertainty in Europe's Financial Services M&A

The main theme of the report is the analysis of trends in mergers and acquisitions (M&A) in the European financial sector for 2025.

The document examines key trends that EY experts believe will determine deal activity in three financial services sectors: banking and capital markets, insurance, and asset and wealth management. Key findings include the impact of macroeconomic conditions, such as inflation and interest rates, on deal activity, as well as the positive impact on the market following rate cuts by central banks and the results of the US elections.