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Global Markets Rankings Q125

IB Revenue Rankings

First Quarter 2025 Global IB Revenue is at $21.9bn, down 3% from Q1 2024.

ECM Rankings

Highest Q1 volume since 2021, despite 16% drop in deals from Q1 2024. North Asia ECM surges 85% in volume up from Q1 2024, driven by H-shares.

M&A Rankings

Global M&A revenue hit $7.98bn in Q1 2025, marking a 1.1% increase compared to Q1 2024.

DCM Rankings

JPMorgan tops the global DCM volume ranking in the first quarter of 2025; total issuance volume reaches $2.57tn. 

Loans Rankings

JPMorgan tops global syndicated loan volume rankings.

Leveraged Finance Rankings

JPMorgan leads the US LevFin revenue rankings, while Goldman Sachs tops the European table.

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