JP Morgan has emerged as the top player in M&A deals in Europe, surpassing its perennial rival Goldman Sachs.
![JP Morgan has managed to stay ahead amidst declining M&A activity in 2023. Photo: Getty Images](https://krugmaninsights.com/wp-content/uploads/2023/12/download-24.jpeg)
Global mergers and acquisitions (M&A) have experienced a 17% decline this year, with Europe suffering an even larger drop of 28%.
According to data from the London Stock Exchange Group, JPMorgan handled 164 deals worth $2.09bn, while Goldman Sachs was involved in 135 transactions valued at $2.04bn.