With M&A Ahead, These 5 Bank Stocks Could Be Takeover Targets

2019-10-23 03:00

According to McKinsey & Co, bank stocks are in a precarious position. The consulting firm said it believes that more than half of the world’s banks are unlikely to survive an economic downturn, as their costs have begun to outpace returns on equity.

The firm pointed to rising competition for customers, as fintech gains momentum […]

The post With M&A Ahead, These 5 Bank Stocks Could Be Takeover Targets appeared first on CCN. com

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