Skip to content
Markets
Deals

Top Citi M&A Banker Sees No Fast Return to Boom Time Dealmaking

  • Alison Harding-Jones says there’s been a paradigm shift in M&A
  • Activists less likely to launch new campaigns amid uncertainty
Citigroup has advised on some of the biggest transactions announced in Europe this year, including Schneider Electric’s £9.5 billion buyout of Aveva.

Citigroup has advised on some of the biggest transactions announced in Europe this year, including Schneider Electric’s £9.5 billion buyout of Aveva.

Photographer: Marlene Awaad/Bloomberg

The slowdown in dealmaking that’s crimping fees for the world’s biggest banks is here to stay, according to Citigroup Inc.’s top mergers and acquisitions adviser in Europe.

“The world has changed very quickly,” Alison Harding-Jones, head of M&A in Europe, the Middle East and Africa at Citigroup, said in an interview. “I suspect M&A gets harder and not easier in the short term.”