Best of Bloomberg Intelligence (03/21/2022)

The video discusses the strong M&A activity among regional banks in 2020 and 2021, driven by consolidations like Truist's formation. However, regulatory challenges have slowed deal approvals, creating uncertainty. Despite rising yields, the economic outlook remains uncertain, affecting bank valuations. White House scrutiny has extended deal closure times, impacting future acquisitions.

What was a significant factor that led to increased M&A activity among regional banks in 2020 and 2021?

• The introduction of new banking regulations

• The decline in interest rates

• The consolidation initiated by Truist

• The rise of digital banking

How have rising yields affected the banking environment?

• They have caused banks to reduce lending

• They have had no impact on banks

• They have created a better environment for banks

• They have led to a decrease in bank revenues

What economic uncertainties are weighing on the banking sector?

• The introduction of new banking technologies

• The potential for stagflation or a recession

• The increase in global trade

• The rise of cryptocurrency

What is the impact of White House scrutiny on bank deals?

• It has had no effect on deal closures

• It has extended the time required for deal closures

• It has reduced the number of bank deals

• It has accelerated the pace of deal closures

How long are recent high-profile bank deals taking to close compared to the Trump administration?

• About the same time

• Double the time

• Half the time

• Triple the time