Companies world-wide embarked on an unprecedented deal spree this year, emerging from the depths of the pandemic looking to bulk up and address the vulnerabilities it exposed. Simultaneously, buyout firms and blank-check companies have been deploying hundreds of billions of dollars at a feverish pace.
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Deals spree puts banks on track for busiest-ever year
“All of the ideas that had been percolating in the minds of board members and CEOs but lacked a catalyst have now come back to the top of the agenda,” said Dan Dees, co-head of investment banking at Goldman. Deal advisory fees at top banks Source: Barclays Research Note: Includes Bank of America, Citigroup, GoldmanSachs, JPMorgan and Morgan Stanley
