WW 1Q08 M+A - Goldman's #1

Investment banker Goldman Sachs (GS) led all WW financial firms in Global Mergers + Acquisitions activity during the first quarter of 2008.

During 1Q08, the firm advised on 81 deals worth a total of $231.5 Billion. Per the article link below, it is estimated that Goldman collected an industry leading $400 million in fee revenues from this work.

Lehman Brothers (LEH) finished second in Global M+A having worked on $203 Billion worth of deals during the quarter. Citigroup (C) came in third with involvement in about $190 Billion worth of deals during the first 3 months of the year.

http://money.cnn.com/news/newsfeeds/articles/djf500/200803272016DOWJONESDJONLINE001170_FORTUNE5.htm

Data Courtesy: CNNMoney.com, snagged on 3/29/08.
Full Disclosure: I own shares of GS.