Consolidation in the EU banking sector: Scope and timing
Fecha: noviembre 2020
Santiago Carbó Valverde and Francisco Rodríguez Fernández
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.