Insiders say we're about to see Wall Street do some eye-popping M&A deals

Jonathan Marino

Mergers and acquisitions are back, and the rise of the big deal is set to fuel banks’ top lines.

Since the second quarter kicked off last week, bankers and hedge fund execs alike have been rubbing their hands with glee as a spree of M&A, fueled by the expectation of prolonged cheap money and expectations that oil may finally be bottoming, is expected to push transactions that could top record value amounts, several Wall Street insiders are now saying.

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