The Globe and Mail reports in its Wednesday, Jan. 7, edition that Goldman Sachs Group once again dominated the league tables for global deal making in 2025. A Reuters dispatch to The Globe reports that the rise of the $10-billion deal, of which there were 68 last year totalling $1.5-trillion, more than double the year prior, helped Goldman secure its No. 1 ranking (all figures U.S.). Goldman advised on 38 of those deals -- more than any other investment bank -- with $1.48-trillion in total volume of deals advised on. It was the strongest period for mega deals, by number, since 1980. Calling 2025 an "exceptional M&A year," Goldman's Stephan Feldgoise told clients "it was an extraordinary M&A market," with activity driven by a "ubiquity of capital." Goldman ranked No. 1 in two key areas: M&A fee revenue and overall value of the deals it worked on, gaining market share in both areas. It was paid $4.6-billion in M&A fees, followed by JPMorgan Chase & Co. at $3.1-billion and Morgan Stanley at $3-billion, Citigroup at $2-billion and Evercore at $1.7-billion. In terms of volume of deals, Goldman, JPMorgan and Morgan Stanley held the first, second and third spots, followed by Bank of America and Citi.