Why Goldman Sachs and Bank of America Are Loving This Business

A series of massive mergers and acquisitions recently have meant that from a deal size perspective at least, M&A may be making a comeback. Which banks profited the most from this string of big deals?

Matt Koppenheffer
Matt Koppenheffer and David Hanson
Apr 2, 2014 at 7:00AM
Financials

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.