Goldman Sachs has moved to the top of the investment banking league tables in Europe, news that comes amid an expected increased reliance on dealmakers for revenues under incoming chief executive David Solomon.

Goldman was ranked joint first for investment banking revenues in the first half in Europe, the Middle East and Africa, according to research firm Coalition, up from second a year ago. It moves alongside rival JPMorgan, which has dominated revenue rankings for capital markets underwriting and merger advice both in Europe and globally.