March 21, 2014 / 1:00 PM / 4 years ago

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

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

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below