Deals
Goldman Leads in M&A Advising After Year-End Comeback for Deals
- IPOs, debt transactions propped up bank fees throughout year
- M&A had a historic rebound with cross-border deals seen as key
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It was a year the entire world changed, but one thing held steady in an elite corner of Wall Street: Goldman Sachs Group Inc. ended up on top.
Goldman was the world’s top adviser on mergers and acquisitions for the fourth consecutive year in 2020, and was the only bank with more than 30% of market share, according to data compiled by Bloomberg. The bounce-back in dealmaking since September has been the best on record, said Stephan Feldgoise, global co-head of M&A at the firm.