Investment banking impacts the businesses at Bank of America (BAC -0.27%) and Goldman Sachs (GS -0.62%) 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.
