March Report 2023

In March, turmoil in the banking sector dominated financial news headlines and induced looming fears of another major recession in many of us. This report explores this crisis and possible consequences for the global macroeconomic environment and financial markets. After diving into M&A developments and industry trends, the investment banking section features Credit Suisse's backstory and acquisition by UBS. Last, before exploring the latest trends in private equity, we highlight Pfizer's $43 billion acquisition of Seagen and L'Oréal's purchase of Aesop.