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156. M&A insights and outlook for 2023

Inside the Strategy Room

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The Importance of M&A in the Banking Sector

I was in the financial services breakout. It's interesting to see that the more traditional industries, banking and insurance, there they still talk a lot about consolidation. And I think the financial services industry can really learn from that. How do you evolve your portfolio from pure banking into banking adjacencies, additional capabilities? That's probably also true opportunity because it should not only be the big companies transacting.

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