Where the gold lies in European FIG

FIG bankers talk of the need for a deal that might have a domino effect

The financial institutions group is the traditional core to an investment bank’s coverage model. And although China’s banking sector might now be bigger by assets, Europe remains key to any globally relevant team of advisers to financial institutions. Conducting big bank mergers has been especially hard in Europe over the last few years, and not just because of regulatory uncertainty.

Now, with a new Basel agreement, the regulatory outlook is clearing.