Goldman (GS) Tops in M&A Advisory Despite Dealmaking Lull

Goldman Sachs Group Inc. (GS) continued to hold its position as the leading provider of merger advice for the seventh running year. Per data compiled by Bloomberg, Goldman advised on 235 mergers and acquisitions (M&A) announced in 2023 with an aggregate value of more than $671 billion.With this, the bank had a 31% market share of the global merger advisory, surpassing JPMorgan Chase & Co. (JPM) . JPM was leading in merger advisory at the mid-point of 2023. Markedly, GS’s market share has increased against i ...