Goldman Sachs becomes fastest bank to hit $1tn in M&A
Goldman Sachs has become the fastest bank ever to hit $1 trillion in mergers and acquisitions deals in a single year, reaching this milestone by mid-June 2026.
This beats its own 2021 record and puts it far ahead of other banks, with its nearest rival trailing by about $300 billion.
Overall, global M and A activity is booming this year, matching the highs of 2021 (minus the SpaceX-xAI deal).
Dominion and Unilever deals power Goldman
A string of massive deals powered Goldman's success: think Dominion Energy's $118 billion sale to NextEra Energy and Unilever offloading its food business for the $44.8 billion sale of its food business to McCormick & Co. Inc.
Goldman's global M and A head Stephan Feldgoise credits a favorable regulatory environment, ample financing and shareholders who are receptive to M&A for making these big moves possible this year.