The banking market in Luxembourg has recently seen a surge in
deal activity, with a multitude of strategies employed by buyers
and sellers alike. While this industry is robust and
well-positioned for growth, there is nevertheless significant
pressure on firms to improve profitability and innovate service
offering. This article, drawing on data from
a recent KPMG survey, will examine which drivers will determine
the dynamics of the M&A activity in the near future.
(For even more analysis, see KPMG International's new
trends report on global banking M&A).
Corporate development teams are on the rise
During the study, we visited major banks across the globe and
asked their corporate development heads about growth agendas,
M&A strategies, fintech, and data and analytics. We also looked
into the significance, skills, and changing roles of corporate
development teams.
