The Engage Tracker – Financial Services and Banking – 11/02/2022

Hi,

Welcome to The Engage Tracker!

We hope you enjoy our weekly digest of what has caught our eye this week!

Colossal Catch

Record Employment In International Financial Services In Ireland.

There are over 52,800 people working across the country in international financial services, a new record high for the sector in Ireland.

Salient Snippets

Record M&A Activity In Ireland Sees 240 Deals Worth €24.6 billion.

The Irish M&A market recorded 240 significant transactions in 2021, a 33 per cent rise on 2020 and the highest deal volume since 2006.

KBC Bank Ireland Completes Sale Of €1.1bn Loans Portfolio To CarVal.

KBC Bank Ireland has finalised the sale of its roughly €1.1bn of non-performing Irish loans to a US-headquartered private equity giant CarVal.

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