According to Dealogic data, Goldman Sachs' M&A advisory business reached $1.13 trillion in the first half of 2026, becoming the first investment bank to achieve this milestone within a single half-year period. The figure represents a 64% year-over-year increase and reflects strong momentum in global dealmaking.
Global M&A transaction volume hit $2.6 trillion in the first half of 2026, the strongest opening period since 2021. JPMorgan Chase and Morgan Stanley ranked second and third with $695 billion and $595.7 billion respectively, while Bank of America advanced to fourth place with $455.4 billion, surpassing Citigroup.