The Spanish investment banking market is far from reaching the volume that moves in RUnited Kingdom, France, Germany either Italybut That has not stopped three bankers with offices in Madrid enter the list of the 30 best in Europe.
Son Ignacio de la Colina, President and CEO of JPMorgan in Spain and Portugal; Juan Pedro Pérez Cózar, head of Evercore in Iberiaand Olaf Díaz-Pintado, partner and head of Goldman Sachs in Spain.
The three have secured a place in the ranking of investment bankers who have advised on mergers and acquisitions (M&A) transactions by the highest cumulative volume during 2023 in Europeaccording to MergerLinks, the British financial data platform founded by a former Rothschild professional that tracks transactions to find those who personally worked on them and brought them to fruition.
De la Colina is the one who scores the highestWith £10.724 billion (€12.683 billion at current exchange rates) in advised transactions, it is in 18th position in the ranking.
Featured position
He is the second banker of JPMorgan on the list. The giant of Wall Street has three executives among the star professionals of 2023 in Europe and the president in Spain is very close to the first of them. And this is Harry Hampson, a heavyweight at the London-based firm, with a global position that allows him to participate in the most important operations on the continent.
That hasn’t stopped De la Colina from being just three places behind Hampson and ahead of James Janoskey.which is globally co-responsible for the Energy Sector of JPMorgan from London and occupies 22nd place.
Telefónica, Iberdrola, Abertis, Urbaser and the venture capital fund Cinven have allowed De la Colina to rise to the top of the Old ContinentHe has advised on major operations for all of them during 2023, which have been their passport to the ranking.
Pérez Cózar is the next Spaniard on the list. The head of Evercore in Iberia is in 25th place with 6.651 billion euros in advised operations.according to MergerLinks. He is the only representative of the US bank in the ranking of the most active investment bankers in Europe.
The sale of Vodafone’s Spanish subsidiary to Zegona is the top transaction for the former Rothschild banker’s rankingwho left the firm in 2021 to take the reins of Evercore’s office in Madrid and which has since given the investment bank a boost that has led it to participate in several key operations of Spanish companies.
Díaz-Pintado closes the national representation in the top 30 and does so in last positionIt has 4.9 billion euros allocated, with Telefónica, Iberdrola and Applus as major clients last year.
Major banks
The boss of Goldman Sachs in Spain has been key for the bank to Wall Street manage to place five of its representatives in the rankingtwo more than JPMorgan and four more than Citi, which only has one. But it has not been enough.
Morgan Stanley is the investment bank with the most valuable professionals in Europe. It has six on the list, more than any other and in very prominent positions.Dominique Cahu, co-head of Telecom and Media for Europe in London, is second in the ranking with 33.193 billion euros, while Anthony Zammit is third.
The fifth place is also Morgan Stanleyjust like the seventh, but the first is in other hands. Jake Donavan, president of the European boutique LionTree, is the star banker of 2023, after advising on operations for almost 36 billion euros. The three Spanish positions have been achieved despite the fact that investment banking in the country is one of the smallest among the major markets. Europe.
While United Kingdom has managed to generate almost 2.5 billion euros in commission income in the first half of this year and its bankers also have the advantage of carrying out operations throughout Europe, Spain has fallen below 700 million. France is in second place, with 1.333 million, followed by Germanywith 1.252 million, and Italywith 840 million, according to Dealogic data.
