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