The Story: As Deloitte notes in its recent Deal Trends in M&A report, the COVID-related pause in merger and acquisition activity during 2020 was just that – a pause. Across all industries, interest in and plans for M&A activity is on the rise as a path to acquire new core capabilities and safeguard competitive advantage.
The Takeaway: As financial institutions of all sizes continue to build resilience while evolving to meet the opportunities of the future, M&A opportunity remains a powerful conduit for growth, empowering FIs to scale. The most successful ones will deploy a thoughtful strategy to connect brands, culture, employee, and customer experience in a way that minimizes disruption and maximizes impact.
Source: Deloitte, January 2021