As the advisor to Microsoft on its $26B LinkedIn purchase, Morgan Stanley (NYSE:MS) could reap $10M-$20M. More importantly if not for business than at least for conversations on the golf course this summer, it pushes the bank past Goldman Sachs (NYSE:GS) as #1 in technology, media, and telecommunications M&A this year.

It's maybe not surprising seeing Goldman left out of the deal given its work with then-CEO Steve Ballmer on Microsoft's 2014 purchase of Nokia Oyj's phone business - a deal then opposed by current CEO Satya Nadella. Microsoft has since written off nearly all of that acquisition.

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