Acquiring the way to success amid gloom

Editor's note: The financial crisis that spread from Wall Street continues to pound the world's economy as governments take bolder moves to stem the bleeding.

Under such circumstances, analysts stress the risks involved in cross-border mergers and acquisitions (M&A) in the financial sector and as Chinese banks keep themselves from venturing abroad at this time.

Mark Spelman, global head of strategy at consulting firm Accenture, said M&A activities beyond the financial sector are active as a lot of companies, especially commodity companies that have strong cash flow, are looking to expand.