The winners in M&A advisory are supposed to be the firms with the best-connected and most-knowledgeable industry experts to advise chief executives, but Lazard’s CEO wants more data scientists to help advisers upgrade their tools for predicting how shareholders will respond to takeover deals.

Europe’s banking sector’s investment in fintech and ESG merits more confidence than their exposure to negative European Central Bank rates might suggest. On these counts, the US banks may be lagging.

Bradesco’s digital bank start-up has grown rapidly and is already looking to leave the bank’s existing corporate structure.