New surge of bank mergers and acquisitions. Research by PwC entitled “Sharing Deal Insight”, reveals that mergers and acquisitions in the European financial services industry shot up in the fourth quarter of 2011 by a huge 330% from €5 billion in value in Q311 to €16.5bn in the fourth quarter. This amounts to 74% growth compared with the €9.5bn of mergers and acquisitions in Q410. PwC says there are two main reasons for the surge in mergers in Q411. Firstly, the return of...