JPMorgan and Morgan Stanley top 2025 retail M&A advisory rankings

Core Insights - JPMorgan and Morgan Stanley are the leading financial advisers in the global retail M&A sector for 2025, with JPMorgan leading in deal value and Morgan Stanley in deal count [1][2] Deal Value Summary - JPMorgan advised on retail M&A transactions worth $44.5 billion in 2025, ranking first in total deal value [1] - Morgan Stanley followed in second place with $37.9 billion in advised retail deals, benefiting from several significant transactions [2] - Goldman Sachs ranked third with $33.2 billion, Citi fourth with $29.2 billion, and UBS fifth with $28.4 billion [3] Deal Count Summary - Morgan Stanley recorded the highest number of mandates in the retail sector, working on 11 announced deals [1] - UBS also completed 11 transactions, sharing the upper ranks with Morgan Stanley [3] - Rothschild & Co advised on 11 deals, while JPMorgan and Goldman Sachs each worked on nine deals in the retail segment [3]