Goldman Slips Down The Table

March 2008 | Corporate Financing Analysis

A surprise at the end of February for followers of the global league tables for total investment bank advisory work so far in 2008: Goldman Sachs is currently an ignominious third. The ranking by announced deal volume, compiled by Dealogic, sees the world's most profitable investment bank trail Lehman Brothers by "just" US$8bn through February. The data is contingent on Dubai Investment Corp.'s US$4.5bn acquisition of Inmobiliaria Colonial not going through: Dealogic currently classifies the deal as off, however if, as now seems likely, it does go through, then Goldman would rank second.

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