 Awards for Excellence 2010 |
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| Best Global M&A house: Goldman Sachs | |
| Also nominated: Morgan Stanley and Deutsche Bank |
As equity markets recovered from their lows in March 2009, the investment-grade credit markets reopened, and signs emerged of a fragile economic recovery, slowly mergers and acquisitions deals revived.
Warren Buffett placed his all-in bet on US economic recovery with the $35.9 billion purchase of railroad company Burlington Northern Santa Fe. This was a relatively straightforward transaction but a large one of great symbolic significance that confirmed reviving animal spirits in the US.
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