North America’s best bank for advisory 2022: Goldman Sachs

The busiest 12 months ever in M&A fit perfectly with the investments Goldman Sachs has been making in its advisory business.

The busiest 12 months ever in M&A fit perfectly with the investments Goldman Sachs has been making in its advisory business.

Rivalling the big commercial banks, the US firm has been hiring bankers to cover mid-sized US corporations based in cities across the country. It wasn’t mega deals that drove up volumes in 2021 and at the start of 2022, rather it was sub-$1 billion transactions.

Goldman used to pass on these. Now it chases them eagerly.

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