No strings attached

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The M&A dance

Just one month into 2004 and the expectation that it would be a year in which M&A activity played an active hand in reshaping the corporate landscape is certainly coming to fruition, at least in the US. January deal volumes were well above monthly averages over the last two years thanks to deals in the banking industry, which is buzzing as the money centre banks continue their strategy of regional expansion with a string of outsized deals.

When it was announced last year, Bank of

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