Goldman Sachs, Bank of America Merrill Lynch and Barclays are among the banks to have benefited most from winning UK investment banking work in the lumpy markets seen since the country’s Brexit vote.

Analysis of transactions and since the June 23 EU membership referendum found the banks have been the most active in a tricky period for completing deals. The number and value of UK equity capital markets deals and mergers and acquisitions involving a UK company have fallen year-on-year, although the value of bonds sold by UK issuers has risen.