Consolidation in the EU banking sector: Scope and timing
Fecha: noviembre 2020
Santiago Carbó Valverde and Francisco Rodríguez Fernández
Banking consolidation
SEFO, Spanish and International Economic & Financial Outlook, V. 9 N.º 6 (november 2020)
After several years of limited consolidation across the European banking sector, the announced merger between CaixaBank and Bankia has bolstered expectations of renewed M&A activity. This expectation is further supported by the existence of surplus capacity, digitalisation trends, and the economic consequences of COVID-19 for banks.