Full Roster of Big Banks Line Up for Broadcom-VMware Deal

More than a half-dozen Wall Street banks are supporting Broadcom Inc.’s $61 billion acquisition of VMware Inc., the biggest software deal in years.

Goldman Sachs Group Inc. and JPMorgan Chase & Co. are advising VMware, while Broadcom is working with Barclays Plc, Bank of America Corp., Citigroup Inc., Credit Suisse Group AG, Morgan Stanley and Wells Fargo & Co., according to an announcement Thursday.

It’s unclear how much in fees the banks will generate but they’re guaranteed a big payday should the deal close. Broadcom’s bankers will also reap fees from providing $32 ...