The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Best M&A house

Goldman Sachs

The global rise in M&A volumes in the past 12 months can be largely attributed to the re-emergence of a few multi-billion dollar, complex, industry-defining transactions. Goldman Sachs has once again asserted its dominance in this market, advising on seven of the world’s largest M&A deals over this period. These included Bank of America’s $49 billion acquisition of Fleet Boston, Walt Disney’s $67 billion unsolicited offer from Comcast in the US and Aventis’s $69 billion sale to Sanofi-Synthélabo in Europe.

The only other firm that comes close to Goldman in winning these jumbo advisory mandates is Morgan Stanley. The latter has powered up the league tables over the past year and has been aggressively growing its business but it is still a clear second for global announced or completed deals over the 12 months to the end of April 2004.

Goldman has proved its worth in hostile deals such as Walt Disney and Aventis and across a full range of regions and sectors. Gene Sykes, co-head of global M&A at Goldman Sachs, says the bank is delighted to be getting these jumbo mandates but doesn’t believe they are the main driver of the business.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree