Tariff Turbulence Clouds Outlook For European Banks' M&A Moves

  • The market and economic disruption triggered by the announcement of tariffs on all US imports will be a major distraction for the handful of European banks engaged in M&A and could complicate the execution of deals underway. The sharp sell-off in European bank stocks reflected investor concerns about the potentially negative impact tariffs could have on lenders' profitability and asset quality.