Year-to-date, JPMorgan is the busiest bank by dollar value of deals, displacing Credit Suisse, which falls from 1st to 6th. Freshfields overtakes Clifford Chance as the busiest legal outfit. A few highlights from the report:
“Global Mid-Market deal activity for July at US$40.8bn from 2,940 deals, down 6% from US$43.3bn from 3,284 deals in June. Down 42% compared to US$70.2bn from 3,627 deals in July 2008
“EMEA Mid-Market M&A activity for July at US$10.6bn (26% of total global mid-market activity), down 8.5% from June’s US$11.6bn, but down 54% compared to July 2008.
“JP Morgan topped the European Mid-Market M&A rankings, up from second position for the same period in 2008.