Tech M&A survey: Banking expected to take record hit

With economies around the globe at a standstill and complex M&Anegotiations curtailed by quarantine, tech investment bankers don’t have much going on during the current coronaviruspandemic.Q1 2020 hedge fund letters, conferences and moreAccording to a recent survey of senior bankers by 451 Research, the emerging tech research unity of S&P Global Market Intelligence, most don’t see business picking back up anytime soon. Acquisition pipelines have been hollowed out so much that a bear market for banking looks inevitable, regardless of how the broader economy recovers from the unprecedented outbr…

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