Report
M&A and Capital Markets Activity in Financial Services Industry
This Q3 2021 update reviews M&A and capital markets activity across the financial services industry during a period of economic recovery and strengthening market performance. Banking stocks outperformed many sectors as investors anticipated economic growth and benefited from rising long-term bond yields, which supported lending profitability. Asset management firms also saw strong performance, driven by earnings growth and increased investor inflows as macroeconomic conditions improved. Insurance companies exceeded broader market performance by leveraging technology-driven efficiencies to enhance operations and modernize business models. Meanwhile, the S&P 500 continued its recovery, supported by vaccine rollouts, economic reopening, and improving business confidence. The report highlights
