Goldman Sachs Loses Top M&A Ranking for First Time in Five Years

Goldman Sachs Group Inc. has lost its ranking as the world’s top mergers and acquisitions adviser for the first time in five years.

JPMorgan Chase & Co. has taken its spot as the No. 1 M&A adviser globally so far this year, with credit on $284 billion of deals translating into a 22.5% market share, according to data compiled by Bloomberg. Goldman fell to the second spot, with a role on $237 billion of transactions giving it an 18.8% market share.

WATCH: Goldman Sachs is no longer the top dealmaker.

Source: Bloomberg

The last time Goldman ranked second for any half-year period was in the first half of 2018, the ...