Financial services M&A value jumps 40% to $499 billion

So what

The 2025 M&A rebound is being carried by megadeals rather than broad-based activity, with financial services deal value up about 40% to $499 billion on flat volume. In energy and materials, power, gas and utilities now account for 39% of deal volume, reflecting the electrification build-out. Boards should expect competition for scale assets to intensify and prepare programmatic pipelines accordingly.