Top Citi banker sees no fast return to dealmaking

THE slowdown in dealmaking that’s crimping fees for the world’s biggest banks is here to stay, according to Citigroup Inc’s top merger and acquisition (M&A) adviser in Europe.

“The world has changed very quickly,” Alison Harding-Jones, head of M&A in Europe, the Middle East and Africa (EMEA) at Citigroup, said in an interview, “I suspect M&A gets harder and not easier in the short term.”