European financial services M&A Insight

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October 2009

Welcome to the seventh edition of this report. While the report’s name and format may have changed, its goals remain the same. We still seek to:

Deliver in-depth analysis on financial services M&A activity throughout Europe
Provide a consistent and continuous means to compare and contrast that activity
Recognise current and future trends
Identify investment opportunities.

This edition includes:

Data analysis: steady as she goes
Tumultuous times: what next for the UK building society sector?
Northern exposure: opportunities for a macro-economic play in the Baltics and Eastern Europe
European asset management: coming in from the cold?
A new financial services landscape: the operational impact of divestments
Asset management and alternatives: primed for acceleration
Looking ahead: the scene is set for a pick-up in deal activity

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© 2010 PricewaterhouseCoopers. All rights reserved. "PricewaterhouseCoopers" and "PwC" refer to the network of member firms of PricewaterhouseCoopers International Limited (PwCIL). Each member firm is a separate legal entity and does not act as agent of PwCIL or any other member firm. PwCIL does not provide any services to clients. PwCIL is not responsible or liable for the acts or omissions of any of its member firms nor can it control the exercise of their professional judgment or bind them in any way. No member firm is responsible or liable for the acts or omissions of any other member firm nor can it control the exercise of another member firm's professional judgment or bind another member firm or PwCIL in any way.