As the European banking sector undergoes structural transformation, M&A is emerging as a critical lever for strategic growth, resilience, and long-term competitiveness. This report examines how banks can harness mergers and acquisitions to scale efficiently, access new capabilities, and optimize portfolios amid growing market and regulatory pressures.
Drawing on proprietary analysis of recent transactions, the report outlines three core strategic plays—scale, scope, and divestiture—and identifies the key enablers of successful dealmaking. It offers practical guidance on integration, pricing, and synergy realization, grounded in BCG’s experience across more than 500 post-merger integrations in banking.
With the window for action narrowing, banks that move decisively will be best positioned to define the next chapter of European banking.