The sub-Saharan Africa business boom has lost a lot of its momentum in recent years, but mergers and acquisitions have picked up the slack. All across the area, banks are merging as an avenue to improve their balance sheets and gain market share in the lackluster-growth environment. Although this approach may work to achieve some goals, there are downside factors that banks should consider before jumping into the M&A lifeboat.
Private investment bank VACE Partners recognizes that it is only as strong as its team is; combining “intelligence, energy and enthusiasm with experience, ability, relationships and knowledge” has been VACE’s winning formula, enabling it to close on several important deals since its inception a decade ago. International Banker spoke with Ricardo Cervera and Carlos Vara, managing directors and founding partners, to learn more about this rising star on Mexico’s financial horizon.
Chinese president Xi Jinping calls it the “project of the century”. Part of his roadmap to Chinese prosperity, the Belt and Road Initiative (BRI), presents opportunities not only for Corporate China but for financial institutions and corporates the world over.
While the pace of bank M&A transactions in 2018 has been on par with the same period in 2017, deal valuations are on the rise. During the first quarter, the aggregate value of all announced bank deals was $4.08 billion, down sharply from $9.08 billion a year earlier
Investment-banking provides the fuel for corporate advancement, which is why Goren Capital has during its 20 years established itself as an essential partner to a variety of industries, from natural resources to media—not just in its home state of Israel but internationally. Goren Capital has risen to the top in many commercial areas, such as corporate and project finance, mergers and acquisitions, and financial restructurings.
As CEO of FirstCapital, an international investment bank that provides M&A (merger and acquisition), private-equity and growth-capital advice to tech companies, I watch trends in the European tech M&A market closely.
From January 1, 2016, a new Europe-wide insurance solvency scheme came into force: Solvency II. The main objectives of Solvency II are to improve consumer protection and increase the international competitiveness between insurers in the EU