APG-J162$79,400+98.0%LAM-REVU$652,284+7.2%HRM-BK25$30,800+128.1%MON-M149$550−60.1%CRD-AVEN$384−24.7%DRC-RC15$32,833+21.7%CRT-JUCC$7,600−12.6%SNY-PS5P$1,266+40.7%JOR-TSFH$1,665+732.5%MRT-D45S$8,456−7.1%MBZ-G63A$266,286+16.1%PAT-AQUA$61,000+123.8%FER-12CI$645,476+36.8%HRM-MK20$30,500+167.5%PEL-M800$419−54.7%MFK-BACC$323−10.3%DRC-LT18$6,357+2.3%LEG-TITN$762+12.1%JOR-TSRM$1,397+831.3%GIB-R9VO$5,450−18.6%APG-R510$58,089+70.9%FER-PURO$538,473+25.4%HRM-KL28$30,500+111.8%MRK-34HD$25−58.3%AMO-INTE$304−23.0%PET-2019$4,9860.0%LEG-EXSD$721−9.8%NIK-SBTS$1,280+753.3%MRT-D28S$2,599−18.8%RLX-DD40$51,545+7.4%LAM-TEME$535,670+82.2%HRM-KL25$30,135+120.0%PDM-LAYT$282−29.5%SCR-CS21£2,982+23.5%LEG-UCMF$704−17.2%JOR-TSTP$369+138.1%TAY-814C$2,499−37.5%PAT-5226$36,279−23.2%RRY-SPEC$369,970−7.0%HRM-KPOC$30,000+263.6%TFD-OUDW$250−16.7%ROU-CB18$2,904+5.1%NIN-SWI2$520+4.0%FEN-CSTL$2,350−50.5%RLX-DAYT$36,200+114.2%RRY-CULL$360,624−16.6%HRM-B35T$26,500+62.6%CRD-GITW$235−52.0%PAP-15YO$1,995+565.0%LEG-RIVN$464−7.2%FEN-ACST$2,300−51.6%PAT-CALA$32,000−14.7%MCL-750S$358,567−1.8%HRM-B30T$22,300+49.7%XER-NAXO$220−24.1%PIN-2016$1,408+14.2%LEG-DNTN$403+15.2%RLX-SKYD$23,321+31.4%FER-296G$343,866+1.7%CHA-CF11$7,630−34.8%DIO-SAUV$160−7.5%CON-MF15$1,249−2.9%LEG-PKBL$226−24.6%RLX-GMTB$18,010+50.1%RRY-GHST$324,563−12.5%CRT-LOVE$6,983−12.2%TFD-OMBL$140−15.2%LAF-2018$9670.0%LEG-PLST$165−8.2%RLX-SUBG$16,195+36.1%POR-TRBS$276,625+2.3%HRM-PC18$4,650+17.0%CHA-BLEU$105−39.3%SAL-BB15€935−5.1%RLX-SUBD$15,795+39.2%POR-GT3C$269,900+14.5%HRM-EVTP$3,500+38.6%DIO-HINT$83−37.1%LEF-PU07$804+3.2%RLX-SUBN$14,595+45.2%LAM-URUS$253,114−9.8%GYD-STLG$2,500+20.2%HER-TERR$69−52.4%CHB-2019$724−8.1%

Investment banks · Private banks · Wealth · Brokers · Private-client insurance

Investment Banking & Private Wealth

The IB of all IBs: the world's investment banks, private banks, wealth platforms and private-client insurers in one place — who they are, what they do, league tables and where they operate.

47

institutions

12

countries

7

league tables

League tables

Who advised the most and the biggest deals, by published league tables. Rankings vary by provider and methodology.

Dealogic · FY 2025

Global M&A financial advisors by deal value

  1. 1Goldman SachsUS$ 1,617.5 bn512 deals
  2. 2JPMorganUS$ 1,355.9 bn466 deals
  3. 3Morgan StanleyUS$ 1,110.6 bn369 deals
  4. 4BofA SecuritiesUS$ 837.4 bn301 deals
  5. 5CitiUS$ 719.4 bn249 deals
  6. 6EvercoreUS$ 542.6 bn220 deals
  7. 7Centerview PartnersUS$ 531.6 bn118 deals
  8. 8BarclaysUS$ 517.0 bn172 deals
  9. 9Wells FargoUS$ 437.3 bn73 deals
  10. 10UBSUS$ 314.5 bn225 deals
Source: Dealogic

GlobalData · Q1–Q3 2026

Global M&A financial advisers by deal value

  1. 1Goldman SachsUS$ 687.6 bn154 deals
  2. 2Morgan StanleyUS$ 659.9 bn212 deals
  3. 3JPMorganUS$ 492.5 bn165 deals
  4. 4Bank of AmericaUS$ 315.1 bn
  5. 5EvercoreUS$ 278.7 bn133 deals
Source: GlobalData

GlobalData · Q1–Q3 2026

Global M&A financial advisers by number of deals

  1. 1Houlihan Lokey250 deals
  2. 2Morgan StanleyUS$ 659.9 bn212 deals
  3. 3JPMorganUS$ 492.5 bn165 deals
  4. 4Goldman SachsUS$ 687.6 bn154 deals
  5. 5EvercoreUS$ 278.7 bn133 deals
Source: GlobalData

Dealogic · FY 2025

Brazil M&A financial advisors by deal value

  1. 1BTG PactualUS$ 17.1 bn41 deals
  2. 2Bradesco BBIUS$ 16.6 bn34 deals
  3. 3Itaú BBAUS$ 11.3 bn45 deals
  4. 4UBSUS$ 5.8 bn19 deals
  5. 5JPMorganUS$ 5.2 bn8 deals
  6. 6SantanderUS$ 4.5 bn32 deals
  7. 7BofA SecuritiesUS$ 4.2 bn14 deals
  8. 8Goldman SachsUS$ 4.1 bn4 deals
  9. 9CitiUS$ 3.8 bn5 deals
  10. 10JefferiesUS$ 3.4 bn3 deals
Source: Dealogic

Dealogic · FY 2025

Latin America M&A financial advisors by deal value

  1. 1JPMorganUS$ 20.3 bn21 deals
  2. 2SantanderUS$ 19.1 bn49 deals
  3. 2BTG PactualUS$ 18.5 bn45 deals
  4. 4CitiUS$ 17.1 bn16 deals
  5. 5Bradesco BBIUS$ 16.6 bn34 deals
  6. 6BofA SecuritiesUS$ 14.8 bn31 deals
  7. 7Morgan StanleyUS$ 13.8 bn12 deals
  8. 8Itaú BBAUS$ 13.1 bn50 deals
  9. 9Goldman SachsUS$ 12.4 bn10 deals
  10. 10UBSUS$ 9.8 bn22 deals
Source: Dealogic

Dealogic · FY 2025

Global ECM bookrunners by volume

  1. 1JPMorganUS$ 74.5 bn339 deals
  2. 2Morgan StanleyUS$ 68.6 bn355 deals
  3. 3Goldman SachsUS$ 68.0 bn341 deals
  4. 4BofA SecuritiesUS$ 46.5 bn270 deals
  5. 5CitiUS$ 39.9 bn255 deals
  6. 6UBSUS$ 27.3 bn187 deals
  7. 7JefferiesUS$ 22.2 bn205 deals
  8. 8BarclaysUS$ 21.3 bn142 deals
  9. 9Cantor FitzgeraldUS$ 17.7 bn122 deals
  10. 10BNP ParibasUS$ 16.1 bn114 deals
Source: Dealogic

Dealogic · FY 2025

Latin America ECM bookrunners by volume

  1. 1JPMorganUS$ 3,851 m16 deals
  2. 2BTG PactualUS$ 1,543 m26 deals
  3. 3BofA SecuritiesUS$ 1,261 m14 deals
  4. 4Goldman SachsUS$ 1,148 m9 deals
  5. 5Itaú BBAUS$ 1,004 m15 deals
  6. 6SantanderUS$ 646 m8 deals
  7. 7BarclaysUS$ 628 m4 deals
  8. 8Morgan StanleyUS$ 574 m6 deals
  9. 9ScotiabankUS$ 279 m4 deals
  10. 10BBVAUS$ 206 m3 deals
Source: Dealogic

The directory

47 institutions

🇺🇸 New York · since 1869

Goldman Sachs

Bulge bracket

New York investment bank and asset manager founded in 1869. It led the global M&A advisory ranking by deal value in 2025 (Dealogic).

#1 global M&A advisor by deal value, FY 2025 (Dealogic: US$ 1.62 tn, 512 deals)Assets: US$ 4.10 tn (assets under supervision, preliminary) (2026-09-30)

🇧🇷#8 Brazil M&A advisor by deal value in FY 2025 (Dealogic: US$ 4.1 bn, 4 deals).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeRestructuringSales & trading
Official site

🇺🇸 New York · since 1935

Morgan Stanley

Bulge bracket

New York investment bank opened in 1935. Its wealth arm, which includes the former Smith Barney and E*Trade, also serves as the Morgan Stanley Wealth Management platform.

#3 global M&A advisor by deal value, FY 2025 (Dealogic: US$ 1.11 tn, 369 deals)Assets: US$ 10.5 tn (total client assets, Wealth and Investment Management) (2026-09-30)

🇧🇷#10 Brazil M&A advisor by fee revenue in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeRestructuringSales & trading
Official site

🇺🇸 New York · since 2000

J.P. Morgan

Bulge bracket

Investment banking brand of JPMorgan Chase, the New York group formed by a 2000 merger whose roots include J.P. Morgan & Co. (1871). It topped global ECM bookrunner rankings in 2025 (Dealogic).

#1 global ECM bookrunner by volume, FY 2025 (Dealogic: US$ 74.5 bn, 339 deals); #2 global M&A advisor by valueAssets: US$ 5.2 tn AUM; US$ 7.9 tn client assets (Asset & Wealth Management) (2026-09-30)

🇧🇷Holds a stake in Brazilian digital bank C6 (raised to 46% in 2023); #5 Brazil M&A advisor by value in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeRestructuringSales & trading
Official site

🇺🇸 Charlotte / New York · since 1998

BofA Securities

Bulge bracket

Investment banking and markets arm of Bank of America (formed in 1998 by the BankAmerica–NationsBank merger), which acquired Merrill Lynch on 1 January 2009.

#4 global M&A advisor by deal value, FY 2025 (Dealogic: US$ 837.4 bn, 301 deals)

🇧🇷#7 Brazil M&A advisor by value and #4 by fee revenue in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeRestructuringSales & trading
Official site

🇩🇪 Frankfurt · since 1870

Deutsche Bank

Global bank

Frankfurt-based bank founded in 1870, with corporate and investment banking, private banking and a majority stake in asset manager DWS.

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeRestructuringSales & trading
Official site

🇨🇭 Zurich / Basel · since 1998

UBS

Global bank

Swiss wealth manager and bank formed in 1998 by the merger of Union Bank of Switzerland and Swiss Bank Corporation. It completed the takeover of Credit Suisse on 12 June 2023, so Credit Suisse no longer operates as an independent bank; UBS expects the integration to be substantially complete by end-2026.

#10 global M&A advisor by deal value, FY 2025 (Dealogic: US$ 314.5 bn, 225 deals)Assets: US$ 7.33 tn (group invested assets; GWM US$ 4.98 tn) (2026-09-30)

🇧🇷Holds 50.01% of UBS BB Investment Bank, a joint venture with Banco do Brasil launched in 2020; #4 Brazil M&A advisor by value in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeSales & tradingResearch
Official site

🇬🇧 London · since 1865

HSBC

Global bank

London-headquartered banking group that began operating in Hong Kong in 1865 as The Hongkong and Shanghai Bank; Asia remains central to its business.

🇧🇷Sold its Brazilian unit to Banco Bradesco (sale announced in 2015).

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchPrivate banking
Official site

🇺🇸 New York · since 1848

Lazard

Elite boutique

Financial advisory and asset management firm whose history dates to 1848, one of the oldest names among independent advisory houses.

M&A advisoryRestructuringAsset managementWealth management
Official site

🇺🇸 New York · since 2014

PJT Partners

Elite boutique

Advisory firm launched in 2014 under Paul J. Taubman, known for strategic M&A, restructuring and its Park Hill fund-placement business.

M&A advisoryRestructuring
Official site

🇺🇸 New York · since 2006

Perella Weinberg Partners

Elite boutique

Independent advisory firm founded in 2006 by Joseph Perella and Peter Weinberg, focused on M&A, restructuring and capital advisory.

M&A advisoryRestructuring
Official site

🇫🇷 Paris / London · since 1811

Rothschild & Co

Elite boutique

Family-controlled advisory, wealth and asset management group; its London house, N M Rothschild & Sons, was founded in 1811.

#7 Brazil M&A advisor by fee revenue, FY 2025 (Dealogic)

🇧🇷#7 Brazil M&A advisor by fee revenue in FY 2025 (Dealogic).

M&A advisoryRestructuringDebt capital marketsWealth managementAsset managementPrivate banking
Official site

🇧🇷 São Paulo · since 1983

BTG Pactual

Brazil

São Paulo investment bank founded in 1983, active in advisory, capital markets, wealth and asset management; it led Brazil's M&A advisory ranking by value in 2025 (Dealogic).

#1 Brazil M&A advisor by deal value, FY 2025 (Dealogic: US$ 17.1 bn, 41 deals)Assets: R$ 2.7 tn (client assets in Asset and Wealth Management combined) (2026-06-30)

🇧🇷Headquartered in São Paulo; #1 Brazil M&A advisor by value and #2 Latin America ECM bookrunner in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchPrivate banking
Official site

🇧🇷 São Paulo

Itaú BBA

Brazil

Wholesale and investment banking arm of Itaú Unibanco, the São Paulo group formed by the 2008 Itaú–Unibanco merger; it led Brazil's M&A ranking by fee revenue in 2025 (Dealogic).

#1 Brazil M&A advisor by fee revenue, FY 2025 (Dealogic: US$ 35 m); #3 by value

🇧🇷Wholesale and investment bank of Itaú Unibanco, ranked first among Latin American banks by total assets (2024).

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeSales & tradingResearch
Official site

🇧🇷 São Paulo

Santander Brasil (CIB)

Brazil

Brazilian arm of Spain's Banco Santander; its corporate & investment banking unit advises on M&A and capital markets deals in Brazil.

#6 Brazil M&A advisor by deal value, FY 2025 (Dealogic: Santander, US$ 4.5 bn, 32 deals)

🇧🇷Brazilian subsidiary of Spain's Banco Santander; Santander ranked #2 in Latin America M&A by value in FY 2025 (Dealogic).

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchPrivate banking
Official site

🇧🇷 São Paulo · since 1955

Banco Safra

Brazil

São Paulo bank founded in 1955 by the Safra family, focused on private banking, corporate credit and asset management.

🇧🇷São Paulo bank founded in 1955.

Private bankingWealth managementAsset managementDebt capital marketsCreditBrokerage
Official site

🇧🇷 Brasília · since 1808

Banco do Brasil – BB Investimentos

Brazil

Investment arm of Banco do Brasil, founded in 1808; since 2020 much of its investment banking runs through UBS BB, a joint venture in which UBS holds 50.01%.

🇧🇷State-controlled bank; holds 49.99% of UBS BB Investment Bank, launched with UBS in 2020 for Brazil and other South American markets.

M&A advisoryEquity capital marketsDebt capital marketsBrokerageAsset managementPrivate banking
Official site

🇨🇳 Beijing · since 1995

CICC (China International Capital Corporation)

Asia

Beijing investment bank founded in 1995 as China's first Sino-foreign joint-venture investment bank, with Morgan Stanley among its co-founders.

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchWealth management
Official site

🇨🇳 Shenzhen · since 1995

CITIC Securities

Asia

Shenzhen-headquartered securities firm founded in 1995 within the CITIC group, counted among China's largest brokers and underwriters.

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchBrokerage
Official site

🇯🇵 Tokyo · since 1925

Nomura

Asia

Japanese investment bank and broker founded in Osaka in 1925; in 2008 it acquired most of Lehman Brothers' Asian operations and its European equities and investment banking units.

M&A advisoryEquity capital marketsDebt capital marketsSales & tradingResearchWealth management
Official site

🇯🇵 Tokyo · since 2000

Mizuho

Asia

Tokyo-based financial group formed in 2000; it acquired US M&A advisory firm Greenhill & Co. in December 2023 to expand in American M&A.

M&A advisoryEquity capital marketsDebt capital marketsLeveraged financeSales & tradingResearch
Official site

🇦🇪 Abu Dhabi · since 2017

First Abu Dhabi Bank

Middle East

The UAE's largest bank, formed in 2017 by the merger of First Gulf Bank and National Bank of Abu Dhabi.

🇧🇷Has operations in Brazil, one of its two markets in the Americas alongside the US.

Debt capital marketsEquity capital marketsCreditPrivate bankingWealth managementSales & trading
Official site

🇦🇪 Dubai · since 1963

Emirates NBD

Middle East

Dubai banking group whose history dates to 1963, owned principally by the Investment Corporation of Dubai, with private banking and wealth services.

Debt capital marketsEquity capital marketsCreditPrivate bankingWealth managementAsset management
Official site

🇨🇭 Basel · since 1841

J. Safra Sarasin

Private bank

Basel private bank with roots in 1841, owned by the J. Safra Group and present in more than 35 locations; in March 2026 it completed the purchase of about 71% of Saxo Bank.

Assets: CHF 228.5 bn (assets under management) (2025-12-31)

🇧🇷Owned by the Brazilian J. Safra Group.

Private bankingWealth managementAsset managementCustodyFamily office
Official site

🇺🇸 Greenwich, Connecticut · since 1978

Interactive Brokers

International broker

Electronic broker founded in 1978 by Thomas Peterffy, offering access to global markets from a single account; it had 5.58 million client accounts at end-September 2026.

Assets: US$ 964.7 bn (client equity) (2026-09-30)
BrokerageCustodySales & tradingResearch
Official site

🇩🇰 Copenhagen (Hellerup) · since 1992

Saxo Bank

International broker

Danish online trading and investment bank founded in 1992; J. Safra Sarasin completed the acquisition of about 71% in March 2026 and agreed in July 2026 to buy the remaining founder stake, subject to approval.

Assets: EUR 153 bn (total client assets) (2026-06-30)

🇧🇷Part of the J. Safra Sarasin Group, owned by the Brazilian J. Safra Group, since March 2026.

BrokerageSales & tradingWealth managementCustodyResearch
Official site

🇧🇷 · since 2018

Avenue

International broker

Digital brokerage founded in November 2018 by Roberto Lee to give Brazilian investors access to US markets; Itaú Unibanco agreed in 2022 to take a controlling 50.1% stake in stages.

🇧🇷Digital brokerage for Brazilian investors in US markets; Itaú Unibanco agreed in 2022 to acquire 50.1% in two stages (35% first, then 15.1%).

BrokerageCustodyWealth management
Official site

🇨🇭 Zurich · since 1882

Chubb

Private-client insurer

Zurich-headquartered property and casualty insurer (ACE acquired the original Chubb, founded in 1882, in 2016); its Masterpiece line covers homes, art and valuables of high-net-worth private clients.

🇧🇷As ACE, acquired Itaú Unibanco's large-risk P&C business in 2014, becoming Brazil's largest P&C insurer at the time.

Insurance
Official site

🇺🇸 · since 2023

Private Client Select (PCS)

Private-client insurer

Independent managing general agency for high- and ultra-high-net-worth clients, formed in 2023 by AIG and funds managed by Stone Point Capital to take over and rebrand AIG's Private Client Group.

Insurance
Official site

🇧🇲 Hamilton, Bermuda · since 1901

Hiscox

Private-client insurer

Specialist insurer and Lloyd's underwriter whose origins date to 1901; for individuals it covers high-value homes, fine art, classic cars and bloodstock.

Insurance
Official site

🇺🇸 Stamford, Connecticut · since 2018

AXA XL

Private-client insurer

AXA's property & casualty and specialty division, created when AXA acquired XL Group in September 2018; it insures fine art, collectibles, wine and classic cars for private collectors.

Insurance
Official site

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