Financial advisers JP Morgan and Goldman Sachs were noted to be the top mergers and acquisitions (M&A) financial advisers in the US in the first half (H1) of 2020, based on deal value and volume, respectively. JP Morgan advised on 57 deals worth US$95.4bn, which was the highest among all advisers. Meanwhile, Goldman Sachs led in volume terms having advised on 68 deals worth US$73.8bn during H1, according to GlobalData, a leading data and analytics company.

Aurojyoti Bose, Financial Deals Analyst at GlobalData, comments: “Goldman Sachs, despite leading by volume, lost the top position by value to JP Morgan. Both of these firms were involved in some big-ticket deals, however, involvement in two megadeals (>US$10bn) mainly helped JP Morgan top the list by value.”

Morgan Stanley occupied the second position by value with 42 deals worth US$75bn followed by Goldman Sachs. JP Morgan occupied the second position by volume followed by Bank of America with 50 deals worth US$47.9bn.

JP Morgan, which topped the US deals league table by value, stood at secondposition (by value) in the recently released global league table of top 20 M&A financial advisers by GlobalData. Similarly, Goldman Sachs, which topped the US league table by volume, also occupied the second position (by volume) in the global league table.