Goldman Sachs and Piper Sandler have emerged as the top mergers and acquisitions (M&A) financial advisers in the financial services sector during the first half (H1) of 2022 by value and volume, respectively, according to the latest financial advisers League Table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Goldman Sachs achieved its leading position by value by advising on $89 billion worth of deals. Meanwhile, Piper Sandler led by volume by advising on a total of 27 deals.

GlobalData’s report, ‘Global and Financial Services M&A Report Financial Adviser League Tables H1 2022’, shows that a total of 1,800 M&A deals of worth $235.9 billion were announced in the sector during H1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Only three advisers managed to advise on 20 or more deals in H1 2022. While Piper Sandler went ahead to lead the league table by volume, Goldman Sachs led by value and occupied the third position in terms of volume. However, Piper Sandler, despite leading by volume, did not feature among the top 10 by value due to its involvement in low-value transactions. The average size of the deals advised by Piper Sandler stood at $80.3 million while it was $4.5 billion for Goldman Sachs.”

GlobalData’s Financial Deals Database reveals that Morgan Stanley occupied the second position by value by advising on $86.9 billion worth of deals, followed by JP Morgan with $83.8 billion, Citi with $65 billion and Bank of America with $64.9 billion.

Meanwhile, Stifel/KBW occupied the second position in terms of volume with 21 deals, followed by Goldman Sachs with 20 deals, Ernst & Young with 18 deals and Houlihan Lokey with 18 deals.