Take that Lloyd.
Morgan Stanley (MS) took the number 1 spot from Goldman Sachs (MS) in M&A league tables as busiest adviser for both global and US merger and acquisitions this year.
However, Goldman still beat Morgan in terms of share of M&A fees with a 9% market share, while Morgan had a 5.4% one, according to Reuters.
Still it’s pretty good for Morgan’s ego — it was down in the fifth place last year. Merger chief Robert Kindler, who joined the company from JPMorgan three years ago, giddily told Reuters, “I’m having fun.”
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