JP Morgan wins top spot for advisory

first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To JP MORGAN cruised to first place in the global mergers and acquisitions (M&A) rankings for the first quarter of 2011 released by Dealogic yesterday, pushing Goldman into runner-up position.Goldman fell in the US M&A rankings as well, down to fifth place versus its place in the top spot last year. But the Dealogic tables make better reading for the bank than last week’s Thomson Reuters equivalent, which put it in tenth place on US M&A.Despite having mandates on $163.7bn’s (£102bn) worth of deals to JP Morgan’s $216bn during the quarter, Goldman generated more revenues from its business, bringing in $335m versus JP Morgan’s $304m.Credit Suisse retained first place in European M&A rankings for the quarter, advising on $99.5bn of deals. In Europe, Goldman was again pushed down by JP Morgan, which won deals worth $97.2bn.It was a good quarter for boutique firms, in part due to both Evercore and Greenhill getting places to advise AT&T on its $39bn bid for T-Mobile US.Bankers don’t view the tables as definitive measures of their progress, but consistent trends between data providers, such as Evercore’s rise and Goldman’s slow start to the year, usually draw attention.Overall, M&A volumes were up 15 per cent on the same quarter last year. whatsapp JP Morgan wins top spot for advisory Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrapcenter_img KCS-content Monday 28 March 2011 8:27 pm Show Comments ▼ Share Tags: NULLlast_img read more