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Goldman tops bumper quarter for dealmakers with $1.6bn in M&A fees

Goldman tops bumper quarter for dealmakers with $1.6bn in M&A fees
Photo: Alamy

Goldman Sachs capped a stellar third quarter for dealmakers by posting a 225% increase in M&A fees, and staved off a slide in fixed income trading revenues that hit its Wall Street rivals.

The US banking giant made $1.6bn in M&A fees during the third quarter, well ahead of the $1.1bn expected by analysts and the biggest haul of any Wall Street bank.

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