Financial Institutions

We advised Banca di Credito Peloritan on their reverse.... Read more

We advised Banca di Credito Peloritan, a Sicilian banking organization, and its majority shareholders on their reverse merger with Tyche, a financial intermediary specializing in the evaluation and acquisition of pecuniary credits claimed from insolvency proceedings.

The merger resulted in the creation of Tyche Bank, a new Italian banking entity dedicated to bankruptcy procedures and traditional banking products and services.

Lawyers in our Milan and Rome offices led the transaction, with support from our corporate and regulatory practices.

We advised Crédit Agricole Personal Finance & Mobility.... Read more

We advised Crédit Agricole Personal Finance & Mobility, a subsidiary of French bank Crédit Agricole, on its acquisition of 50% of the equity interests of GAC Finance Leasing, the leasing company of Guangzhou Automobile Group, one of the largest Chinese car manufacturers.

The acquisition will help to promote the deployment of electric vehicles in China.

Lawyers in our Hong Kong office led the transaction, with support from our Beijing and Shanghai offices and our antitrust, banking, capital markets, commercial, intellectual property, international trade, and white collar practices.

We advised Metro Bank Holdings PLC on the sale.... Read more

We advised Metro Bank Holdings PLC on the sale of a £2.5 billion prime residential mortgage portfolio to NatWest Group PLC.

The transaction supports Metro Bank’s strategy to reposition its balance sheet and enhance risk-adjusted returns on capital.

Lawyers in our London office led the transaction, with support from our antitrust, capital markets, employment, privacy and cybersecurity, regulatory, restructuring, and tax practices.

We advised NBT Bancorp Inc. with operations across.... Read more

We advised NBT Bancorp Inc., a financial holding company with operations across the Northeastern United States, on its US$236 million acquisition of Evans Bancorp, Inc., which operates throughout Western New York.

This merger brings together two established banks and extends NBT’s growing footprint into Western New York.

Lawyers in our Washington, D.C. office led the transaction, with support from our New York and Northern Virginia offices and our banking, employment, litigation, and tax practices.

Sector performance

Financial services M&A surged in 2024, particularly in banking, wealth and asset management, and payments. The drive for greater scale, cost efficiencies, and synergies — combined with rising technology expenses and rapid digital transformation — fueled much of the activity.

In the banking subsector, consolidation efforts gained momentum in Europe and the United States, with most deals remaining domestic due to regulatory constraints. M&A and joint ventures in wealth and asset management continued to grow, reflecting an increased focus on private markets.


Hogan Lovells activities

Our Financial Institutions Sector team published its annual FIS Horizons, offering insights into how financial institutions can navigate emerging risks and opportunities, including regulatory shifts, digital transformation, energy transition, and risk management.

We continued to strengthen our Digital Transformation offering, equipping clients with the tools, products, and solutions needed to overcome challenges and seize opportunities in this dynamic space — including through our The Influencers podcast. Our market-leading global Digital Assets and Blockchain and FinTech practices hosted their annual Digital Assets Summit and Payments Conference and successfully ran another cohort of the FinTech Mentor Program.

Hogan Lovells exhibits deep knowledge of the FinTech and cryptocurrency industry..."

Chambers Mexico, 2025

800+

Financial Institutions
lawyers

FinTech Firm of the Year

Chambers UK, 2025

Four Pillars of our M&A Group

Technical excellence

Executing transactions effectively

Sector knowledge

Understanding issues in regulated industries

Global reach

Worldwide scope, local know-how

Full-service capabilities

Subject matter experience

M&A Year in Review

Expander

Dear Clients and Friends,

Welcome to the 2024 edition of our Hogan Lovells M&A Year in Review!

Each year, we publish the M&A Year in Review to express our gratitude to you — our clients and friends — for the opportunity to work together and for the successes we have shared. We hope you enjoy our review of dealmaking in 2024 and our outlook for M&A in 2025.

During 2024, M&A transaction values increased across the world, recovering from their decade-low levels in 2023, to reach an aggregate deal value of approximately US$3.5 trillion. These increases were attributable largely to a 25% rise in sponsor-related dealmaking and a return of megadeals. 

M&A transaction volumes improved during the third and fourth quarters of the year, following a lackluster first half of the year. This resulted in an annual global increase of 1.5%, even amidst a 3% decline in the United States.

Across sectors, technology M&A reasserted itself as the market leader by value and volume in 2024, rebounding from 2023 lows as investor demand for AI, digital innovation, and machine learning increased.

Our M&A Group is grateful to have worked with you over the course of the past year. Your transactions propelled Hogan Lovells to more than 30 M&A league table rankings worldwide, including top rankings for Global M&A and across Europe, France, Germany, Italy, the Nordics, Spain, the United Kingdom, Canada, Latin America, Asia Pacific, and China.

We enter 2025 with measured optimism for substantial M&A activity, based upon strong corporate fundamentals for strategics, significant capital held by sponsors, and reduced regulatory intervention, and in anticipation of compromises to be reached across the economic and diplomatic policies of new administrations. Our perspectives are set forth within our 2025 M&A Outlook here.

We appreciate the trust that you continue to place in us, and we look forward to supporting you on your M&A transactions in the year ahead.

Best wishes for continuing success in 2025,

The Hogan Lovells M&A Group