Morgan Stanley, BofA lead i-banking in value terms with 50% market share

At the fifth slot is SBI Caps closing three deals worth $2.9 bn, followed by Nomura Holdings with $1.7 bn across two deals, and IDSBI Capital Markets with $1.3 bn involving two deals

Wall Street majors Morgan Stanley and Bank of America jumped many places to lead the investment bankers league table in value terms during the first half of the year, while in terms of volume, EY retains the top slot closing as many as 22 transactions, according to a report.

These two players accounted for nearly half of the close to $44 billion of mergers and acquisitions completed during the first six months of the calendar year while in terms of volume their share is very low, completing just 11 of the 72 deals during the reporting period.

According to the