The world leader, the American bank takes the lead in the Refinitiv ranking of investment banks for French transactions, with more than $ 100 billion in advised deals.
The health crisis has not changed anything. American banks remained at the top of the ranking of French mergers and acquisitions in 2020, while their French rivals were on the front line with companies in the face of the pandemic shock. Goldman Sachs takes first place in the Refinitiv ranking, with nearly $ 104 billion in advised deals, including the three biggest deals of the year, Patrick Drahi’s offer on Altice Europe (nearly $ 45 billion, debt included), Suez against Veolia (22 billion), and the merger between Ingenico and Worldline (10 billion).
JP Morgan, positioned in the first two transactions, and also present on the Suez side, took second place, at 94.5 billion. However, a new deal has emerged this year between American firms: Morgan Stanley, who took the lead last year, is downgraded to 7th place, with almost half as many deals as Goldman Sachs in 2020. As for Citi, number two Last year, it fell to 11th… behind Crédit Agricole and the LionTree store, with 40 billion transactions.