Goldman Sachs has provided consulting services for mergers and acquisitions that have surpassed one trillion US dollars this year, setting a record as the fastest in history.

According to Dealogic data, Goldman Sachs has surpassed $1 trillion in total value of merger deals advised so far this year, making it the fastest bank to reach this milestone in history. The data shows that the total value of announced merger deals this year is approximately $1.7 trillion, excluding the merger of SpaceX and xAI. This is basically on par with the levels recorded during the peak of mergers in 2021. However, during the merger boom of 2021, Goldman Sachs did not reach the $1 trillion threshold until mid-July. According to Dealogic data, Goldman Sachs' closest competitor this year still lags behind this level by approximately $300 billion.