There have been so many bank acquisitions in the US in the past few weeks it is tempting to think that the financial mergers & acquisition boom must now be over. Simply, it seems there are few suitable banks or investment banks left to buy. In truth, the acquisition wave has only just begun.
The recent acquisitions have been mostly predictable. It was hardly a surprise that a big European universal bank like Swiss Bank Corporation would want to buy a prestigious (but relatively small) investment bank such as Dillon Read.
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