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Home  > Business/Finance  >  Financial Services  >  Banking

Financial Services Deal Insights, February 2008

Published Date: April 2008
Published By: Datamonitor
Page Count: 7
Order Code: R313-32085
 
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DATAMONITOR VIEW
CATALYST
SUMMARY
ANALYSIS
Consolidation in the insurance brokerage segment remains an important driver of M&A
Towergate's discussions over private equity investment highlight the trend towards consolidation in the insurance brokerage segment
Despite the current liquidity crisis, large banking groups continue to look for growth opportunities in developing markets
HSBC announced the sale of seven banking units in France to finance expansion in developing markets
However, the credit crunch is damaging more than just balance sheets in the industry
As an indirect result of the liquidity crisis, the UK's Northern Rock has been forced into public ownership
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