Wall Street’s Morgan Stanley & Bank of America lead Banking Investments

Wall Street majors Morgan Stanley and Bank of America move leading the investment bankers league table. Which is in value terms during the first half of the year. While volume EY retains the top slot closing as many as 22 transactions, according to a report.

Wall Street’s Morgan Stanley & Bank of America lead Banking Investments. Wall Street’s Morgan Stanley and Bank of America move led the investment bankers league table. Which is in value terms during the first half of the year. While volume EY retains the top slot closing as many as 22 transactions, according to a report.

However, these two players account for nearly half of the close to USD 44 billion of mergers. And acquisitions during the first six months . While in terms of volume their share islow, completing just 11 of the 72 deals during the reporting period.

According the numbers collated by Merger Market. Morgan Stanley led the league table completing deals worth USD 13.53 billion. It also makes the American investment banker the second largest in terms of volume as well with nine completed deals during the reporting period.

Investments For The Year

Bank of America has closed just two big deals valued at USD 6.66 billion. But is the second largest in value terms, according to the report, adding in terms of volume, this Wall Street major is ranked at a low 11.

The report says the top 15 i-bankers have completed deals worth USD 43.81 billion across 72 transactions during the reporting period.

Among the domestic i-bankers, RBSA Advisors leads the league table with USD 4.6 billion across seven deals, which also makes it the third largest deal maker, and JM Financial with USD 1.7 billion across seven deals is the fourth largest deal maker among the top 15. Since, Arpwood Capital is at number seven with USD 1.5 billion across three transactions.

For Arpwood, this is the maiden entry into the big boys’ club. At the third slot is EY. Which closes 22 deals. Involving USD 5.08 billion. Making it the largest deal maker in terms of volume.

 

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