Operational resilience in the UK, EU and US: A comparison
With a new operational resilience framework in force in the UK and similar reforms proposed in the EU and the US, we examine how the regimes compare and their practical impact on financial services firms.
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Regulatory round-up
As the world emerges from the turmoil caused by the COVID-19 pandemic, the financial services sector is going through a time of considerable change. This section highlights some developments to be aware of in key regulatory hot topics.
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Shaking up the wholesale markets: UK, EU and US approaches
As lawmakers look to reform aspects of wholesale markets regulation, the UK may be poised to drift closer to the US.
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Financial Regulatory Observer 2022
The Financial Regulatory Observer spotlights selected topics currently driving regulatory and technological changes in the financial industry.
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Economy pumps the brakes on loan markets
Debt Explorer | Leveraged loan activity slows in the US, Europe and APAC as a volatile economic backdrop and the rising cost of debt starts to weigh on issuance
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Global PE activity succumbs to market pressures in Q3
M&A Explorer | In line with global M&A, private equity dealmaking experienced a dip in activity during the third quarter
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Scaling up the energy transition
Our new report examines how corporates and capital providers are setting priorities, staying competitive and managing risk.
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The INDEX Act: A challenge to the voting influence of institutional investors that may yield unintended consequences
The Act's supporters say it would shift voting power from large investment advisers to individual investors, but the reality could be far more complex
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Global M&A fails to impress in the third quarter
M&A Explorer | Q3 dealmaking reflected multiple downward pressures on the market, including rising inflation, stock market volatility, and the spiralling European energy crisis
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Latin America Focus
Outlook for 2023: Amid turmoil, opportunities
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Middle Eastern dealmaking builds on active 2021
M&A Explorer | Overseas buyers, particularly from the US, UK, and Canada, propelled regional dealmaking in the first half of the year
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Global tech M&A continues winning streak
M&A Explorer | A string of megadeals powered dealmaking activity during the first half of the year
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Mining & Metals 2022: Putting the resilience rhetoric to the test
Is the mining & metals sector prepared for a global downturn?
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Investors eye rapid delivery business
M&A Explorer | Pandemic-fueled demand for delivery services is attracting investors looking for quick profits and low risk
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Recurring revenue reset?
Debt Explorer | As the technology sector cools and macro-economic headwinds build, lenders are reassessing the provision of recurring revenue loans
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US utilities M&A remains resilient in H1
M&A Explorer | Positive tailwinds such as the global shift to clean energy sources and the need to replenish infrastructure are driving dealmaking in the sector
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M&A Explorer
Insights from our M&A team, based on M&A activity charts from the White & Case M&A Explorer.
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Debt Explorer
The White & Case Debt Explorer is an interactive tool that puts a wealth of leveraged finance data and more at your fingertips.
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M&A keeps Spanish debt market busy after volatile first half
Debt Explorer | After a bright first quarter, Spanish leveraged finance has been confronted by the same headwinds buffeting the wider European debt space—but a cluster of large M&A deals may keep the market active for the rest of the year
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European M&A issuance pauses for breath
Debt Explorer | M&A was expected to ease off the accelerator in 2022 following a blistering 2021, but questions remain about how long it will take M&A financing to catch up with dealmaking
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Reality check: US M&A H1 2022
US deal activity saw an annual decrease in H1 of this year, but remains buoyant compared to pre-pandemic standards
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US leveraged finance: Navigating choppy waters
Borrowers and lenders are seeking new opportunities in the face of growing market volatility
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Carve-outs’ popularity soars as businesses pursue growth
White & Case M&A Explorer | Carve-out deals are offering businesses and investors an alternative route to growth in a post-COVID global economy
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European SPACs Data Hub
After a record year of activity in 2021, European SPAC IPO issuance slowed in Q1 2022. EU SPAC IPO proceeds totalled US$1.07 billion in Q1 2022.
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Term loan A debt is back in fashion
White & Case Debt Explorer | Term loan A debt is back in the spotlight as borrowers look for financing alternatives in an increasingly volatile institutional loan market
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Macro-economic headwinds slow global leveraged loan market in H1
White & Case Debt Explorer | Rising inflation and climbing interest rates have slowed leveraged loan activity in Europe and the US, while COVID-19 restrictions in China dampened demand in Asia-Pacific.
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Financial institutions M&A: Sector trends - July 2022
We highlight the key UK & European M&A trends in H2 2021 and H1 2022, and provide our insights into the outlook for M&A moving forward.
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Q2 PE dealmaking fails to live up to record 2021
A host of megadeals bumped up deal value in the sector, but regulatory and economic headwinds remain
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European NPLs: Smaller deals and a slower pace
The European non-performing loan landscape looks very different in 2022, with large deals driven by urgent government regulation supplanted by small but steady opportunities.
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Africa Focus: Summer 2022
Sustainably powering Africa’s development
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A bright future: Smart cities in Latin America
Smart city initiatives in Latin America have too often been overshadowed by high-profile projects in North America. But the tide is changing, and smart city projects throughout the region are gaining traction like never before.
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Retail M&A driven by pandemic trends
Long-term consumer behavior triggered by the pandemic continues to catalyze deal activity
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From trash to treasure: Green metals from recycling
The global drive towards a low-carbon circular economy and increased focus on ESG are creating many new opportunities for metal recycling projects. But is scrap the answer to the growing demand for green metals?
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Renewables push drives M&A in Japan’s energy sector
Ambitious decarbonization targets and high investment returns are drawing interest from both local and international buyers
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ESG-linked debt markets come of age in Latin America
Despite a decline in overall bond and loan issuance in the Latin American region, ESG-linked debt issuance thrived in 2021—and looks set to continue in the months ahead
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Global PE activity slows in Q1 following blockbuster year
Private equity dealmaking was slow to pick up the pace in Q1, yet activity remained in line with pre-pandemic levels
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Global M&A market drops to pre-pandemic levels
While global dealmaking in Q1 was down from a blockbuster 2021, there are signs deal activity could pick up later in the year
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Global IPOs reached new highs
Fueled by strong stock markets and the need for yield, investors poured money into IPOs in 2021, resulting in a record-breaking year
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A rollercoaster year for SPACs
After a flurry of new listings in the first quarter of 2021, SPAC IPOs slowed down considerably, but the asset class remains a viable path for companies to go public
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European IPO activity proved strong, led by e-commerce and tech listings
While IPO activity was robust throughout Europe, the Nordic region stood out