Top 10 Financial Advisors in Transport, Infrastructure, and Logistics Industry in the World in 2021 by Deal Volume

Morgan Stanley, Citigroup Inc, The Goldman Sachs Group Inc, Bank of America Corp, and BNP Paribas SA are among the top 5 financial advisors in the transport, infrastructure, and logistics industry in 2021 by deal volume. In terms of the geographic split, 5 out of 10 of the world’s top 10 financial advisors in the transport, infrastructure, and logistics industry are headquartered in North America, and the remaining 5 are based in Europe. They employed a total of 1,496,201 people in 2021. The Shinhan Financial-Bnp Paribas Cardif deal was one of the major deals in the transport, infrastructure, and logistics sector in 2021. Shinhan Financial Group Co Ltd (SFG), a South Korea-based financial holding group, has acquired a 94.54% stake in Bnp Paribas Cardif General Insurance Co. Ltd., a South Korea-based money-losing non-life insurance company, which specializes in auto insurance from BNP Paribas Cardif, a subsidiary of BNP Paribas SA, a France-based multi-line insurance company, for consideration of KRW40 billion ($34 million). The deal was completed in Q4 2021. The HSBC Insurance-Axa Insurance deal was another major deal in the transport, infrastructure, and logistics sector in 2021. HSBC Holdings Plc served as financial advisor to HSBC Insurance (Asia-Pacific) Holdings Ltd, while Norton Rose Fulbright LLP served as legal advisor to Axa Insurance Pte Ltd for the HSBC Insurance-Axa Insurance deal. HSBC Insurance (Asia-Pacific) Holdings Ltd, a wholly owned subsidiary of HSBC Holdings plc (HSBC), has acquired a 100% stake in Axa Insurance Pte Ltd, a Singapore-based insurance company that provides personal insurance and business insurance products and services, from AXA SA for consideration of $529 million. The deal was completed in Q1 2022.