- Buda Mendes/Getty Images
We have new data on how Wall Street banks stack up in every business line, and there is one clear winner.
JPMorgan led the pack in the first half of 2016 for revenue across fixed income, equities, and banking, according to data-analytics company Coalition.
That bank made $12.5 billion.
It ranked No. 1 by revenues in investment banking, and within that equity-capital markets. It also placed first in fixed income, currencies, and commodities (FICC), and within that G10 rates, and securitization.
Goldman Sachs and Citigroup ranked joint second overall for the period.
Goldman placed first in commodities within the FICC division. It also ranked first in futures and options within equities, and in mergers and acquisitions within investment banking.
Citigroup’s move up the rankings – it finished 2015 in joint third – was based off of a strong performance in FICC. It ranked second overall in that business behind JPMorgan, and within FICC placed first for emerging markets and municipal finance, and joint first for G10 FX.
Here’s the global ranking, plus the rankings broken down by region:
JPMorgan is a clear winner, with a top three position in every business except cash equities.
JPMorgan also ranks top in two of the three regions, placing first in the Americas and Europe, the Middle East and Africa. Deutsche Bank and Citigroup ranked joint first in Asia.