GlobalData has announced the latest Financial and Legal Adviser League Tables in terms of the total value and volume of merger and acquisition (M&A) deals they advised on in the metals & mining sector during Q1 2026.
Financial Advisers
BMO Capital Markets top M&A financial adviser in metals & mining sector during Q1 2026
BMO Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the metals & mining sector during the first quarter (Q1) of 2026 by value as well as volume, according to the latest financial advisers league table by GlobalData, a leading intelligence and productivity platform.
An analysis of GlobalData’s Financial Deals Database reveals that BMO Capital Markets achieved the leading position having advised on five deals worth $8.7 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “There was an improvement in the total number of deals advised by BMO Capital Markets during Q1 2026 compared to Q1 2025. Resultantly, it went ahead from occupying the 28th position by volume in Q1 2025 to top the chart by this metric in Q1 2026.
“Similarly, in value ranking also, it was not among the top 10 in Q1 2025 but went ahead to lead in Q1 2026. The involvement in two billion-dollar deals* during Q1 2026 helped BMO Capital Markets to top the chart by value
RBC Capital Markets occupied the second position in terms of value, by advising on $7 billion worth of deals, followed by Morgan Stanley with $5.6 billion, Bank of Nova Scotia with $5.5 billion and National Bank of Canada with $4.4 billion.
Meanwhile, Moelis & Company occupied the second position in terms of volume with three deals, followed by RBC Capital Markets with two deals, Morgan Stanley with two deals and Bank of Nova Scotia with two deals.
*Deals valued ≥ $1 billion
Legal Advisers
McCarthy Tetrault and Fasken Martineau DuMoulin top M&A legal advisers in metals & mining sector during Q1 2026
McCarthy Tetrault and Fasken Martineau DuMoulin were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during the first quarter (Q1) of 2026 by value and volume, respectively according to the latest legal advisers league table GlobalData, a leading intelligence and productivity platform.
An analysis of GlobalData’s Financial Deals Database reveals that McCarthy Tetrault achieved the leading position in terms of value by advising on $7.3 billion worth of deals. Meanwhile, Fasken Martineau DuMoulin led in terms of volume by advising on a total of seven deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Fasken Martineau DuMoulin, apart from leading by volume in Q1 2026, also gave close competition for the top position by value. While McCarthy Tetrault led the chart by value, Fasken Martineau DuMoulin missed the top spot by a whisker and occupied the second position by this metric with $7 billion in total deal value in Q1 2026.
“Interestingly, both the firms advised on two billion-dollar deals* each during the quarter, which helped them solidify their leadership positions in terms of value during the quarter. Moreover, apart from leading by value in 2026, McCarthy Tetrault also occupied the second position by volume with five deals.”
Paul, Weiss, Rifkind, Wharton & Garrison occupied the third position in terms of value, by advising on $5.5 billion worth of deals, followed by Cassels Brock & Blackwell with $5.1 billion and Blake Cassels & Graydon with $4.5 billion.
Meanwhile, Cassels Brock & Blackwell occupied the third position in terms of volume with five deals, followed by A&O Shearman with four deals and Blake Cassels & Graydon with three deals.
*Deals valued ≥ $1 billion
