Goldman Sachs era continues

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Now this is stunning. In this historic wave of deals, powerful Goldman Sachs has worked on nearly half of all private equity deals globally, according to Financial News Online. The gilded bank has worked as a deal adviser or financial backer on on 50 deals worth a combined $226.5 billion. There has been a total of $500 billion worth of deals announced so far this year. If all these deals were brought to fruition, Goldman Sachs could earn in the $4 billion neighborhood for five months worth of work. The firm overall was boosted by advisory work for its in-house private equity arm, which has racked up nearly $90 billion in deals. JPMorgan and Citigroup rank second and third.  

For more:
- here's the Financial News Online article