Why an Economic Downturn May be Good for Bank M&A

American Banker, Nov. 8, 2022–Orla McCaffrey (subscription)
Nearly 60% of bank corporate-development professionals surveyed by McKinsey & Co. said the next 18 to 24 months will offer better opportunities to create value via mergers than the past two years have. Difficult economic conditions often lower valuations and boost the number of institutions open to a sale.