Goldman Sachs Is No Longer the World's Top Dealmaker

Goldman Sachs has lost its position as the top M&A advisor to JP Morgan due to a decline in mega deals and increased competition. The current M&A landscape is characterized by smaller deals and hostile bidding situations. Despite optimism for a rebound, the investment banking sector faces challenges, including layoffs due to overhiring during previous boom years.

Which company recently surpassed Goldman Sachs as the top M&A advisor?

• Bank of America

• Citigroup

• JP Morgan

• Morgan Stanley

What is one reason for Goldman Sachs' decline in M&A rankings?

• Involvement in too many small deals

• Lack of involvement in mega deals

• Focus on debt underwriting

• Increased competition from tech companies

What trend has been observed in the M&A landscape this year?

• Decrease in tech sector deals

• Increase in mega deals

• Stability in deal volumes

• Rise in hostile situations and bidding wars

What is the general sentiment among bankers regarding future M&A activity?

• Pessimistic about recovery

• Optimistic about a bounce back

• Indifferent to market changes

• Concerned about further decline

What has been a consequence of reduced M&A activity in investment banking?

• Expansion into new markets

• Layoffs and firings

• Stable employment levels

• Increased hiring