Europe's banking sector is experiencing a surge in mergers and acquisitions, with major players like UniCredit, BNP Paribas, and BBVA actively pursuing deals. The current environment is influenced by improved financial conditions and a shift in customer preferences for diverse banking products. However, there are challenges, including political opposition to cross-border mergers and bureaucratic hurdles. Experts highlight the importance of scale for global competitiveness while cautioning about the risks of creating 'too big to fail' institutions. Teljes cikk (Euronews.com)