Financial Adviser, Investment Banking Shakeup in 2013

Two months into Q2 2013, Global M&A remains sluggish. When comparing April and May 2013 with the same period in 2012, deal volume has dropped by 28 percent to 1,571 deals, while value has declined 32 percent to US$269.4bn. The story behind these depressed values is not a new one. Access to credit remains a major hurdle for small to mid-sized businesses, while many other companies continue to sit on stockpiles of cash or focus on organic growth until economic fundamentals improve. Despite the languid climate, a handful of sectors have not seen such stark drop-offs. M&A  Trend in  North…