The negative impact from higher interest rates has led a number of banks to considering balance sheet restructurings and a few institutions have pursued those transactions by unlocking capital through sales of business lines or merging with another company, according to Bill Burgess, co-head of financial services investment banking at Piper Sandler. In the episode, Burgess discussed the current roadblocks to M&A activity, various transactions banks have pursued to facilite transactions, the prospect of further deals on the horizon and the potential for increased private equity investing in the bank space.