M&A Ambiguity in 2023
These are uncertain times for bank M&A, as rising rates and unrealized losses in bond portfolios impact book values. These factors are potentially putting a damper on dealmaking, says Naomi Snyder, Bank Director’s editor-in-chief. Nonetheless, the record number of attendees at this year’s Acquire or Be Acquired are still interested in networking and keeping their options open. And deals may yet happen – particularly among banks that are flush with cash and adept at creative thinking.