Investment banking is hot, just look at all the current deals occuring in the media/technology space. BusinessWeek has released the rankings of the top Investment Banking groups and Goldman Sachs, Morgan Stanley and JP Morgan top the list according to banking revenue.
TOP PLAYERS. So who is at the top of the game? Measured in terms of banking revenue, the top three players remain Goldman Sachs, Morgan Stanley, and JPMorgan Chase (JPM). UBS (UBS), Merrill Lynch (MER), and Citigroup (C) follow, although Citigroup and UBS switched rankings: Citi dropped from No. 3 to No. 6, UBS moved up from No. 6 to No. 3 while Merrill held steady at No. 5. They were followed by Lehman Bros. (LEH), which moved from No. 8 to 7, and by Lazard (LAZ), which broke into the top 10 at No. 8. Credit Suisse (CSR) came in at No. 9, down from seventh place, and Deutsche Bank (DB) came in at No. 10, down from 9. Rothschild, a powerhouse in Europe, dropped out of the top 10 altogether.
Comments