Advisory & Consulting

A sharp global risk-off shift, $22.3 billion in private credit flows, and rising antitrust scrutiny of digital M&A are reshaping the conditions for capital raising and strategic transactions. CFOs and M&A Directors must act now to recalibrate financing strategies and regulatory risk frameworks.

OpenAI’s confidential IPO filing signals a reopening of the capital markets window for AI-linked listings, while SEBI’s removal of 70,000 misleading finfluencer posts and deteriorating U.S. household financial sentiment are reshaping the compliance and advisory landscape globally. CFOs, General Counsel, and M&A directors must act now to align strategy with these converging market forces.

The $35 billion Apollo-Blackstone financing for Anthropic signals a structural shift in private credit allocation that is tightening conditions for mid-market borrowers. Combined with rising regulatory scrutiny across banking and asset management, CFOs and General Counsel face a more complex capital and compliance environment in 2025.

Coordinated cybersecurity warnings from the RBI and BSE, alongside two major BFSI stake sales totalling implied valuations of ₹3,800 crore, signal that operational resilience and strategic capital reallocation have become simultaneous imperatives in Indian financial services. European firms with Indian exposure face immediate implications under DORA and evolving M&A due diligence standards.

UniCredit’s escalation to a 34.35% direct stake in Commerzbank signals a new phase in European bank consolidation with material implications for corporate borrowers, treasury management, and capital markets. CFOs and General Counsel should review credit documentation and banking panel strategy now, ahead of a regulatory process that could extend 12 to 18 months.

Nearly $20 billion has flowed into municipal fixed-income ETFs year-to-date as advisor M&A continues to reshape the wealth management landscape. CFOs, General Counsel, and capital markets leaders must act now to align treasury strategy, M&A positioning, and digital infrastructure with these accelerating structural shifts.

China’s sweeping new outbound deal review rules, a €500 million AML investigation into Wise, and growing private credit headwinds are reshaping the risk calculus for M&A, fundraising, and treasury management. Financial leaders must act now to integrate regulatory, compliance, and liquidity risk into their strategic planning.

Platform-backed advisory firms are scaling AUM through acquisitions, with Osaic-owned CW Advisors surpassing $14.5 billion following recent deals. For CFOs, General Counsel, and M&A Directors, the mid-market consolidation wave carries direct implications for treasury management, compliance strategy, and capital markets positioning.

Unrealised losses in U.S. private credit have deepened to their worst level since 2022, even as Goldman Sachs projects M&A volumes approaching 2021 records. CFOs, General Counsel, and M&A Directors must act now to stress-test credit exposure, sharpen deal pipelines, and monitor accelerating policy competition for capital across global financial centres.

Unrealised losses at U.S. private credit lenders have reached their highest levels since 2022, even as Goldman Sachs projects global M&A volumes approaching 2021 records. CFOs and advisory professionals must reconcile accelerating deal activity with deepening stress in the credit structures that underpin it.