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JP Morgan tops as investment bank globally in revenue terms

Fixed income, equities drive business growth

Salil Panchal
Published: Mar 23, 2017 07:26:09 PM IST
Updated: Mar 23, 2017 08:07:39 PM IST

JP Morgan tops as investment bank globally in revenue terms
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Globally, JP Morgan has been ranked as the top investment bank in terms of revenue in 2016, according to Coalition, maintaining top positions in the US, EMEA (Europe, Middle East and Africa). Revenues from all streams globally stood at $25.2 billion in FY2016, against $ 22.7 billion in FY2015.

The Coalition data covers key business components of the investment bank, including fixed income, currencies and commodities (FICC), equities (cash equities, equity derivatives, prime services and futures & options) and investment banking division (M&A, equity capital markets and debt capital markets).

Coalition is a wholly owned subsidiary of Crisil and is involved in providing business intelligence related data.

JP Morgan has also been ranked first in overall investment bank revenue for Asia Pacific in 2016, based on Coalition data.

JP Morgan tops as investment bank globally in revenue terms

“We continue to make significant investments in the region, maintained our focus on delivering the right strategic solutions to our clients and achieved record results in a year that was characterized by unpredictable geopolitical events,” the bank said in a statement.

JP Morgan’s FICC and equities businesses both ranked among top 3 in Asia Pacific. “The strong momentum in 2016 was driven primarily by a solid performance in the fixed Income business, which enabled us to post record year-on-year growth. Our equities business has gained significant market share across the region in the past couple years as well,” the bank said.

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