North America’s best bank for advisory 2023: Goldman Sachs
Euromoney, is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
AwardsAwards for Excellence

North America’s best bank for advisory 2023: Goldman Sachs

Awards for Excellence

Full Results

The volume of completed M&A deals involving a North American buyer or target was steeply down in the awards period this year, with a 41% drop to just under $2 trillion. But in volatile times activity concentrates on the very best franchises, and this year demonstrated that well. For increasing its market share and strengthening its already dominant position, Goldman Sachs is North America’s best bank for advisory.

Goldman worked on completed deals worth a total of $810 billion in the latest awards period, well ahead of second- and third-placed JPMorgan and Morgan Stanley. Its global advisory revenues for the four quarters of the period were $4.4 billion, 46% ahead of its closest competitor, JPMorgan.

In announced deals during the period, Goldman was also the leader by a slightly smaller margin. And if volumes start to pick up as valuations stabilize and clients adapt, the firm will be even better placed. According to Brian Haufrect, co-head of Americas M&A at Goldman Sachs, conditions are beginning to improve after a tough period for deals.


Gift this article