Mergers and acquisitions: RBC makes top 10 advisors stateside

One of Canada's major banks had a major goal nine years ago -- to become one of the foremost investment banks stateside. The Royal Bank of Canada (RBC) recently realized that goal, rising to one of the major institutions in the States advising on mergers and acquisitions. It has cracked the top 10 for advising on these types of deals according to recent data. 

RBC has more than doubled its investment bankers in the States in about a decade -- almost three times what it has in Canada. Other Canadian banks, like the TD, are looking to follow suit. RBC has advised some big corporate players recently on mergers and acquisitions deals worth several billions of dollars. In some cases, it has been the sole advisor and leading financier of these deals.

RBC's U.S. investment banking co-head believes more gains for the institution are on the horizon. Significant progress has been made in the mergers and acquisitions area for the lending institution. The bank has made headway in other significant areas, but mergers and acquisitions seem to be where the bank has made its most outstanding mark. 

Billions of dollars change hands every year when it comes to mergers and acquisitions deals in Canada and abroad. With this kind of money on the line, having an experienced lawyer on side can be a major plus. These business forays can be both complicated and confusing and the laws that govern them must be adhered to. A lawyer may be able to advise a client -- whether a deal is worth several thousands of dollars or several millions -- on how to move forward within the parameters of the law.

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