Good morning from The Financial Times.
Today is Monday, November 17th, and this is your FT News Briefing.
Goldman Sachs has taken the deals world by storm this year,
plus we look at why the British government's budget is sending fresh worry through bond markets,
and will wade through the issues the U.S.
government shutdown has posed for reliable data collection in America.
The more we shift to a disparous mosaic of private data,
it just leaves a more broken-up picture of the economy.
I'm Victoria Craig, and here's the news you need to start your day.
Goldman Sachs is on track to capture its biggest share of the global deal market in almost a quarter century.
Though it was a slow start,
2025 has been the busiest period for mergers and acquisitions since the pandemic boom of 2021.
That's in part due to the Trump administration's increasingly laissez faire attitude toward big corporate tie-ups.
and Goldman has been involved in some of the biggest deals,
including the most lucrative transaction in the bank's history.
This quarter, it secured a $110 million fee for advising Electronic Arts on its Take Private deal.
All of that has helped push Goldman's share price to record levels.
However, While it advised on 34% of the value of all deals,
it won't get anywhere close to a third of the fees.
That number looks closer to 10.7%, which is still strong by historical standards.