Go big or go home: Goldman Sachs' top M&A banker sees the return of mega-deals boosting the bank in 2023
Between January and March, Goldman brought in roughly $800 million in revenue from its advisory business — a far cry from the soaring fees it saw at the height of the market, but a formidable segment of the bank's earnings nonetheless.
"The Goldman M&A franchise has been #1 for 20+ years," Feldgoise said in his letter."The markets we live in now are critical to near term performance but we keep as much focus on the forward and how best to position the firm to continue to increase its leadership position."Co-head of Global Mergers & Acquisitions
A common question asked of my co-head Mark Sorrell and me is how we spend our time running the global M&A business. Our short answer of hyper-focus on every client, every market and every transaction is relatively simple, but the execution and winning in the hyper-competitive M&A marketplace is incredibly hard. We prioritize three things, all with equal and interconnected dependence - our clients, our franchise and our people.
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