Worldwide financial sector M&A down 14 percent in 2014 -data

LONDON, March 21 Fri Mar 21, 2014 8:57am EDT

LONDON, March 21 (Reuters) - Worldwide financial sector merger and acquisition (M&A) activity so far this year is down 14 percent on a year ago, its slowest period for deal-making in two years, Thomson Reuters weekly data showed on Friday.

Year-to-date deal volumes in the financial sector were $43 billion, the data shows, lifted by Mercuria Energy Group's $3.5 billion purchase of JPMorgan's physical commodities business this week, but still behind the $50.1 billion in deals announced in the same period last year.

(For more detail on the week's investment banking data please click: here) (Reporting by Clare Hutchison; Editing by David Goodman)

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