RBC Capital Markets and BMO Capital Markets led the mergers and acquisitions (M&A) rankings for financial advisers in the metals and mining sector during 2025, both by deal value and volume, based on data from GlobalData’s latest league table.
According to GlobalData’s Financial Deals Database, RBC Capital Markets led by value, advising on deals totalling $27.8bn.
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Concurrently, BMO Capital Markets advised on 16 deals, the highest volume in the sector.
In terms of deal value, Morgan Stanley secured the second spot with $18.5bn in advised deals, followed by Goldman Sachs at $17.8bn, Centerview Partners at $17.7bn and BMO Capital Markets at $15.6bn.
Canaccord Genuity Group was second by volume with 16 deals, while Evans & Evans followed with nine deals.
Furthermore, RBC Capital Markets and CIBC Capital Markets both advised on eight deals each.
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By GlobalDataGlobalData lead analyst Aurojyoti Bose said: “BMO Capital Markets was the top adviser by volume in 2024 and retained its leadership position by this metric in 2025 as well. It also held the fifth position by value in 2025.
“Meanwhile, RBC Capital Markets went ahead from occupying the tenth position by value in 2024 to top the chart by this metric in 2025, as there was more than a five-fold jump in the total value of deals advised by it. Four of the eight deals advised by RBC Capital Markets during 2025 were billion-dollar deals that also included a megadeal valued at more than $10bn, which helped it secure the top spot.”
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available in the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness of the data, the company also seeks submissions of deals from leading advisers.
