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Business JP Morgan's Investment Bank Crushing the Rest of Wall Street Since Jan 2014


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JPMorgan emerged top performing investment bank in the first half of 2014, making $11.5 billion in revenue and ranking first for both its fixed income and deals advisory businesses, Business Insider says.

Excerpt:

JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue and ranking first for both its fixed income and deals advisory businesses, data showed on Thursday.

The U.S. bank ranked ahead of Goldman Sachs and Deutsche Bank, who shared second place, according to industry analytics firm Coalition.

They were followed by Bank of America Merrill Lynch and Citi, then Morgan Stanley in sixth, Credit Suisse seventh, Barclays eighth, UBS ninth and then BNP Paribas.

The result, which is closely watched by the industry, puts JPMorgan on track to keep its top slot in the full-year league tables. It has ranked first since Coalition began publishing its rankings in 2010.

#JPMorgan #WallStreet #BusinessInsider

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