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Global Markets Rankings – Full Year 2025

IB Revenue Rankings

2025 IB revenues crossed $100bn, the second highest on record after 2021

ECM Rankings

2025 ECM volumes and revenues soared to their highest since 2021, up 21% and 18% from 2024 respectively

M&A Rankings

Global M&A volume surged to $5.1tn in 2025 up 42% from 2024, fuelled by global megadeals

DCM Rankings

JPMorgan leads Global & Americas DCM volume rankings, whilst BNP Paribas leads EMEA and HSBC Asia Pacific in 2025

Loans Rankings

BofA Securities leads global syndicated loans rankings in 2025 as volumes rise 9% YoY

Leveraged Finance Rankings

JPMorgan leads LevFin revenue rankings across both the US and Europe in 2025

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