Investment banking impacts the businesses at Bank of America (NYSE:BAC) and Goldman Sachs (NYSE:GS) very differently . A spate of giant mergers and acquisitions recently have caused an overall spike in global M&A, with the value of these deals up over 50% year over year from the first quarter last year. The number of deals themselves however actually fell, indicating that calling this a recovery of global M&A may be a bit premature.
In this segment from Monday's Where the Money Is, Motley Fool financial analysts Matt Koppenheffer and David Hanson take a look at some of the biggest mergers recently, and point out which banks profited the most from these massive deals, and the fees collected for their advisement services.
David Hanson owns shares of Goldman Sachs and JPMorgan Chase. Matt Koppenheffer owns shares of Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. The Motley Fool recommends Bank of America and Goldman Sachs. The Motley Fool owns shares of Bank of America and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.