Banking M&A has been hit hard by a combination of factors, resulting in a significant drop in dealmaking activity in 2022. US banks experienced a massive 70% YoY drop in dealmaking in 2022 due to market uncertainty, declining fees, and trading revenues.

While the road ahead may be challenging, those who adapt to the rapidly changing market environment will be best positioned to succeed in the long run.

Refer to Jasper Colin's detailed coverage on Banking M&A on PR Newswire