Saturday 5 March 2016

The World’s Top 8 Investment Banks

The easiest way to rank investment banks is through figures such as revenue numbers and employee headcount.
  1. Founded in 1869, Goldman Sachs’ services include investment banking, institutional client services and lending. It reported net revenues of $34.2 billion in 2013 -- $6 billion from the investment banking division.
  1. JP Morgan Chase reports net revenues of $2.2 billion, including $1.7 billion from investment banking. It operates in 60 countries and employs 260,000 while offering a diverse set of services.
  1. Barclays reported a total income of £28.4 billion, with £10.7 billion from investment banking. Founded in 1896, the London-based bank has a strong presence in retail and commercial banking, as well as the card-processing business.
  1. Bank of America Merrill Lynch operates in 40 countries, and in 2013 had global revenue of $6 billion. $1.3 billion came from investment banking. The company was formed when Bank of America took over Merrill Lynch after the 2008 financial crisis.
  1. Morgan Stanley reported net revenues of $5.4 billion, with $1.2 billion from investment banking. It offers prime brokerage, custodian, settlement and clearing services in addition to the usual banking functions.
  1. Germany’s Deutsche Bank reported net revenues of €31.9 billion. It’s one of Europe’s largest financial services firms, and it specializes in cross-border payments and international trade financing.
  1. Citigroup traces its roots back to Citibank in 1812. It employs 251,000 people, operates in 160 countries, and had investment banking revenues of $1.4 billion in 2013.
  1. Credit Suisse had a net income of 2.1 billion Swiss francs in 2013. It dates back to 1856 and now employs 46,000 people over 50 countries.

Sun Capital

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