Put a crown one of the biggest egos on Wall
Street, no doubt now even bigger.
The New York investment bank currently ranks first among
global investment banks for the year with a 7.6% market share, based on a
preliminary data tallied by Dealogic. That’s down from 8.1% in 2011 but still
likely good enough to take home the coveted prize for the 4th-straight year,
according to Dealogic.
J.P. Morgan generated $4.8 billion in investment-banking
revenue, the data firm estimates, followed by Bank of America’s Merrill Lynch
at $4.1 billion. Goldman Sachs placed third with about $3.7 billion, taking the
spot from rival Morgan Stanley, which posted $3.5 billion and slipped to No. 4. J.P. Morgan also leads on the global equity-
and debt-capital markets league tables.
The results come as industry-wide investment banking revenue
fell 9% to $63.6 billion,…
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