Europe’s best investment bank for M&A 2025: Morgan Stanley

Morgan Stanley’s European M&A franchise has built momentum on a formula that combines a genuinely global reach with a culture that rewards collaboration over internal competition.  

Its investment banking leaders describe M&A advice as central to the firm’s structure and insist the bank’s purpose is to sit at the flow of capital allocation, whether that capital comes from public markets or private pools. As Massimiliano Ruggieri, head of EMEA investment banking, puts it: “We consider ourselves a truly global platform.

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