Goldman Sachs names Dubner as COO global M&A-memo

By Saeed Azhar

NEW YORK (Reuters) - Goldman Sachs named David Dubner arsenic main operating serviceman of planetary mergers and acquisitions, according to a memo seen by Reuters connected Wednesday, beefing up enactment successful 1 of its astir important businesses.

Goldman Sachs has consistently topped the M&A league tables for years, advising connected immoderate the biggest deals globally.

In this COO role, Dubner volition leverage his astir 2 decades of acquisition astatine the steadfast to assistance make and execute the firm's strategy to turn its market-leading franchise, the memo cited Stephan Feldgoise, co-head of Goldman's planetary M&A business, arsenic saying.Wall Street executives past twelvemonth had cheered the imaginable of business-friendly regulations aft the instrumentality of Donald Trump arsenic president and were anticipating a burst of deals successful 2025.

However, the gait of U.S. mergers and acquisitions successful the archetypal 2 months of 2025 was the weakest since the fiscal situation with conscionable 1,603 deals signed done Friday, making it the slowest unfastened by measurement since 2009, Dealogic information showed.

Dubner is presently planetary caput of the firm's M&A structuring wrong concern banking, a relation helium volition proceed to perform, the memo said. The relation besides has oversight of M&A superior markets and caller M&A Quants practice, the memo said.

His squad was progressive successful advising Honeywell, which is splitting into 3 independently listed companies, breaking up 1 of America's past lasting conglomerates.

The institution said earlier this period said it would abstracted its aerospace and automation businesses into abstracted entities, alongside its antecedently announced spin-off of the precocious materials unit.

(Reporting by Saeed Azhar; Editing by Chizu Nomiyama)