Investment bankers see dealmaking lull storing pent-up demand

© Reuters. A man is seen silhouetted wearing a protective face mask, amid the coronavirus disease pandemic, walking near the financial district of New York City, U.S., October 18, 2021. REUTERS/Shannon Stapleton/File Photo

Global mergers and acquisitions totaled $2 trillion in the first nine months of this year, down 27% from a year ago to their lowest level since 2013, according to LSEG data. This has fueled soul-searching among investment bankers about the prospects for their business. Uncertainty over the Federal Reserve raising interest rates further to fight inflation, the conflicts in the Middle East and Ukraine, concerns about a potential economic slowdown and growing hostility among antitrust regulators to big deals have all weighed on the M&A market.

"Our are at one of the largest levels that you've seen in five-six years. Some will come out and take the lead," Aiyengar said.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Food-delivery startup Wonder Group gets $100 million investment from NestleThe startup Wonder Group is making a push to sell its proprietary kitchen equipment to other businesses, such as airports and sports arenas.
Source: NBCLA - 🏆 319. / 59 Read more »

Foreign investment in China goes negative for first time in decadesIt's a sign of China's souring economic prospects.
Source: axios - 🏆 302. / 63 Read more »

Food-delivery startup Wonder Group gets $100 million investment from NestleThe startup Wonder Group is making a push to sell its proprietary kitchen equipment to other businesses, such as airports and sports arenas.
Source: NBCLA - 🏆 319. / 59 Read more »

Michael Saylor's MicroStrategy Is Now Up Nearly $1 Billion on Its Bitcoin InvestmentMicroStrategy's Bitcoin investment is back in the black after its most recent run-up to a high of $35,000, the public firm now sitting on $1 billion in gains.
Source: BitcoinMagazine - 🏆 461. / 53 Read more »

A16z crypto leads $4.2 million seed investment in UK web3 infrastructure firm PimlicoPimlico aims to make Ethereum easier to use by leveraging smart accounts through the ERC-4337 token standard.
Source: TheBlock__ - 🏆 464. / 53 Read more »

New Orleans investment firm pumps $13.75 million into Huntsville’s MidCityFounded in 2019, Benson Capital Partners is a venture capital firm investing in tourism, logistics, health care, and energy.
Source: aldotcom - 🏆 82. / 68 Read more »