According to the latest statistics published by Thomson Financial, the volume of deals worldwide announced by business banks was up 24% in 2007, to $4,482 billion. Ranking, however, did not change very much in 2007 compared to the previous year. Goldman Sachs held on to the first place among advisory banks for merger operations and acquisitions with 429 transactions advised for a total volume of $1,419 billion. It is still ahead of Morgan Stanley (which ranks 2nd, with 431 deals amounting to...