Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume
Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume June 16 (Reuters) - Goldman Sachs GS.N managed more than $1 trillion worth of announced mergers and acquisitions so far in 2026, marking a record pace for any investment bank within a half-year period, the Wall Street giant said in a LinkedIn post citing Dealogic data.
The figure comes on the back of the investment bank managing SpaceX's SPCX.O landmark initial public offering as lead left underwriter. The Elon Musk company went public in New York on Friday.
Wall Street executives anticipated a strong year for M&A despite uncertainty stemming from the Middle East conflict, due to a softer regulatory environment under U.S. President Donald Trump and growing momentum in AI.
Goldman's investment banking fees rose to $2.84 billion in the first quarter, a 48% jump from a year ago.
"With global M&A volumes already exceeding $2.6 trillion this year as AI and strategic consolidation reshape entire industries, as well as trading volumes reaching all-time highs as clients navigate a range of risk events, we are operating in an innovation supercycle," CEO David Solomon said in a separate post.
Goldman Sachs has retained its top ranking for global M&A advisor in 2026 after securing the spot last year, according to Dealogic data. JPMorgan Chase JPM.N occupies the second position.
(Reporting by Pritam Biswas in Bengaluru and Saeed Azhar in New York; Editing by Leroy Leo)
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