Tuesday, 2 October 2012

Global Investing Banking Revenue Rankings

Nice summary from The Economist showing the global investment banking revenue for the major financial banks.  Its not a great secret that overall investment banking has taken a pretty significant hit in the last year and is markedly down.

Some key #s:

  • First 9 months had investment banking global revenue of $44.9 billion
  • IB revenue is down 19% vs last year so far
  • Merger & Acquisition revenue dropped 18% to $12.6B
  • Equity market earnings drop by 29%
  • The only bank to grow was Canada's RBC surprisingly
  • The largest bank was JP Morgan but at -25% YOY
  • Bank of America Merrill Lynch was the worse performer at -30%
  • Citibank did surprisingly decent at only -7%

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