JPMorgan and Rand Merchant Bank were the top mergers and acquisitions (M&A) financial advisers in the Middle East & African region during 2025 by value and volume, respectively according to the latest financial advisers league table by GlobalData, a leading intelligence and productivity platform.

An analysis of GlobalData’s Financial Deals Database reveals that JPMorgan achieved the leading position in terms of value by advising on $59.5 billion worth of deals. Meanwhile, Rand Merchant Bank led in terms of volume by advising on a total of nine deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rand Merchant Bank’s ranking by volume improved from the second position in 2024 despite a year-on-year fall in the number of deals by it. In fact, six of the top 10 advisers by volume registered a drop.

“Meanwhile, JPMorgan advised on relatively fewer number but big-ticket deals, which helped it top the chart by value. During 2025, the bank advised on three billion-dollar deals*, out of which the involvement in $55 billion acquisition of Electronic Arts by a consortium of investors was pivotal for it in securing the top spot by value.”

Morgan Stanley occupied the second position in terms of value, by advising on $40.8 billion worth of deals, followed by Qatalyst Partners with $25 billion, Deutsche Bank with $4.2 billion and Investec with $3.7 billion.

Meanwhile, Barclays occupied the second position in terms of volume with six deals, followed by Rothschild & Co with six deals, Deloitte with six deals and JPMorgan with five deals.

*Deals valued ≥ $1 billion