Life is not a template and neither is mine. Like several who have worked as journalists, I am a generalist in my over two decade experience across print, global news wires and dotcom firms. But there has been one underlying theme in each phase; life gave me the chance to observe and tell a story -- from early days tracking a securities scam to terror attacks and some of India's most significant court trials. Besides writing, I have jumped fences to become an entrepreneur, as an investment advisor -- and also taught the finer aspects of business journalism to young minds. At Forbes India, I also keep an eye on some of its proprietary specials like the Rich list, GenNext and Celebrity lists. An alumnus of Xavier Institute of Communications and H.R College of Commerce and Economics in Mumbai, I have worked for organisations such as Agence France-Presse, Business Standard, The Financial Express and The Times of India prior to this.
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.
“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.