Deals
Goldman Set to Lead M&A for 2018 After Buyout Firms Lift Business
- Deutsche Bank drops and boutique firms gain on league tables
- Barclays surges, sees ‘no magic secret’ to recent success
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Boutique banks climbed the ranks of the world’s leading merger advisers, while Deutsche Bank AG dropped out of the top 10. But for all of the shuffling, familiar names remained at the head of the pack.
Goldman Sachs Group Inc., for the second year in a row, is poised to be the top bank for takeover advice -- pushed forward by a strategy of courting smaller clients and buyout firms. New York-based Goldman set out about two years ago to work more closely with private equity firms, and estimates that about 30 percent of the global M&A volume is now comprised of such deals.