Here's how much money Wall Street banks have made advising on deals so far this year
John Moore/Getty Images
Wall Street banks care a lot about how they stack up against their rivals. At the top of their earnings statements, they tout where they placed in each line of business, and those rankings appear in just about every pitch book they hand out.
Global dealmaking revenue stands at $17.1 billion for the year to date, up from a weak first quarter of 2016.
US fees are up 19% at $8.8 billion, while fees in Europe, Middle East and Africa (-11%) and Asia Pacific (-8%) are down.
So far in 2017, it's the usual suspects at the top of the tables. Goldman Sachs has maintained its customary position at the top of the mergers and acquisitions league table, while JPMorgan ranks first for equity and debt capital markets.
Here's how the banks stack up:
Get the latest Goldman Sachs stock price here.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market