Bank of America, Citi and UBS have jointly secured the top spot by value in the metals & mining sector in Q1 2022, while Haywood Securities occupied the top spot by volume, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Bank of America, Citi and UBS achieved the top ranking by value with each firm advising on $1.1 billion worth of M&A deals. Meanwhile, Haywood Securities led by volume, having advised on a total of two deals.

According to GlobalData’s report, ‘Global and Metals & Mining M&A Report Financial Adviser League Tables Q1 2022’, a total of 306 M&A deals worth $7.7 billion were announced in the sector during Q1 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Bank of America, Citi and UBS were the only advisers to surpass the $1 billion-mark. The three firms also jointly occupied the third position by volume.

“Meanwhile, Haywood Securities, apart from leading by volume, also occupied the ninth position by value.”

An analysis of GlobalData’s Financial Deals Database reveals other high rankers by value included TD Securities, with deals worth $207 million; and Eight Capital, with $135 million. By volume, Evans Dixon occupied the second position, with two deals; followed by Bank of America, with one deal; Citi, with one deal; and UBS, with one deal.