+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here's how much the top Wall Street banks have earned in fees in 2016

Dec 22, 2016, 18:46 IST

Reuters

JPMorgan is set to finish the year in a dominant position when it comes to Wall Street dealmaking revenues.

Advertisement

The US bank has earned the most in fees in global investment banking, US investment banking, debt capital markets, equity capital markets and syndicated loans, according to figures from Dealogic.

Only Goldman Sachs stands in the way of a clean sweap: the US investment bank sits atop the ranking for M&A revenues.

Global investment banking revenue stands at $70.5 billion, down 9% from the total for 2015.

These league tables are a contentious subject on Wall Street. Banks use them when pitching for new business, and a good ranking means serious bragging rights. But the league table-data can also be sliced up to make a bank's performance look better (by narrowing the field very narrowly, for example).

Advertisement

Though they're based on estimates, these tables are the broadest possible and a closely-watched indicator of who is up and who is down. Here's how the banks stacked up this time around.

Next Article