Bank of America and Canaccord Genuity Group were the top mergers and acquisitions (M&A) financial advisers in the metals & mining sector for H1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company has revealed that Bank of America achieved this leading position by advising on $7.8 billion worth of deals. Meanwhile, Canaccord Genuity Group led by advising on a total of six deals.

According to GlobalData’s report, ‘Global and Metals & Mining M&A Report Financial Adviser League Tables H1 2022’, a total of 660 M&A deals worth $30.1 billion were announced in the sector during H1 2022.  

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Besides leading the pack by deal volume, Canaccord Genuity Group also occupied second position by deal value, by advising on deals worth $7.1 billion. Meanwhile, Canaccord Genuity Group and Bank of America were the only two firms to have total deal value of more than $7 billion.”

Analysis of GlobalData’s Financial Deals Database reveals that Bank of Nova Scotia occupied the third position by value, by advising on $6.9 billion worth of deals; followed by Stifel/KBW, with $6.9 billion; and BMO Capital Markets, with $1.5 billion.

Meanwhile, BMO Capital Markets occupied the second position in terms of volume with five deals; followed by Stifel/KBW, with four deals; TD Securities, with three deals; and Bank of America, with two deals.