In 2024, mergers and acquisitions (M&A) activity in the UK financial services sector saw a significant boost, with a 26% increase in deal volumes compared to the previous year, reaching levels not seen since 2012. Wealth and asset management firms drove much of this activity, with a rise in the number and value of transactions. The report highlights the impact of the recent Consumer Duty regulations in promoting deal-making, prompting companies to adapt to changing market conditions and maintain competitiveness amidst strong competition for quality assets.
The figures indicate a robust growth in M&A activity in the UK financial services sector, particularly led by wealth and asset management firms' increased dealings.
The introduction of Consumer Duty regulations has driven a significant number of deals, particularly involving smaller targets, reshaping practices in financial services.
#mergers-and-acquisitions #financial-services #wealth-management #consumer-duty-regulations #market-growth
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