In the competitive realm of finance, the year 2023 has seen formidable investment banks competing for dominance in the mergers and acquisitions (M&A) sector.
Based on M&A deal fees, the rankings, sourced from Financial Times and compiled by Krugman Insights, reveal a compelling narrative of industry giants and emerging powerhouses.
Despite a -26% decline in total M&A fees compared to 2022, these top 10 banks collectively commanded $28,680.50 million.
![The Top 10 Investment Banks of 2023 by M&A Deal Fees. PHOTO: Krugman Insights. Source: FT](https://krugmaninsights.com/wp-content/uploads/2024/02/Screenshot-2024-02-12-165545-794x1024.webp)
1. Goldman Sachs ($2,891.52m)
Goldman Sachs, a giant in the field, stands tall with its unparalleled global network