Leading banks by investment banking revenue 2023 | Statista (2024)

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Leading banks by investment banking revenue 2023 | Statista? ›

The two leading investment banks worldwide with regards to revenue as of July 2023 included JPMorgan and Goldman Sachs. JP Morgan generated more revenue than Goldman Sachs, but both banks reported revenues exceeding 2.4 billion U.S. dollars.

JPMorgan Chase was the leading bank in the United States as of December 2023, with its market share of total assets amounting to 8.56 percent.

JP Morgan Chase

The company initially provided financial banking services. But it quickly became one of the world's leading investment banking firms. As ranked by S&P Global, its services are often related to the financial areas.

Investment Banking Giants: Key Players and Market Size

The investment banking industry is dominated by a handful of major players. According to Ken Research, the global market size for investment banking is expected to reach USD 142.16 billion in 2024, showcasing its significant economic footprint.

The biggest investment banks in the USA include J.P. Morgan Chase, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, and Citigroup. These banks lead in terms of deal volume, global presence, and financial services offered.

Unsurprisingly, JPMorgan Chase has retained the top spot as the largest US bank, as it's done for more than 20 years. In its latest release, based on data as of Dec. 31, 2023, the Federal Reserve ranked 2,129 US commercial banks. Read on to see how the 15 biggest banks in the US stack up today.

The ownership structure of JPMorgan Chase & Co. (JPM) stock is a mix of institutional, retail and individual investors. Approximately 38.77% of the company's stock is owned by Institutional Investors, 2.99% is owned by Insiders and 58.24% is owned by Public Companies and Individual Investors.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Morgan Stanley, Geode Capital Management, Llc, Fmr Llc, Bank Of America Corp /de/, and Capital International Investors .

Who are the Big 4 investment bankers? ›

In the U.S., the top investment banking companies include the Big Four Banks — JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.

JPMorgan, for example, is the largest investment bank in terms of revenue, while Citigroup is the largest underwriter of special purchase acquisition company (SPAC) IPOs and number of SPAC deals.

New York, New York, USA

New York City is typically considered the finance capital of the world. Many of the largest investment banks, including Goldman Sachs,14 Morgan Stanley,15 and Merrill Lynch,16 are headquartered in New York City. So too are several large banks, including Citigroup and JPMorgan Chase.

It is possible to become a millionaire as an investment banker, but it is not easy. Investment bankers typically earn salaries in the $200,000 to $700,000 range, with bonuses that can bring their total income up to several million dollars per year.

Our company is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. Our rich history spans over 200 years. We are a leader in investment banking, financial services for consumers and small business, commercial banking, financial transactions processing and asset management.

The term Tier 1 describes an institution's core capital or the core asset holdings of a bank. These assets are usually the most stable and liquid assets a bank possesses, with high risk aversion. Tier 1 capital includes shareholder equity and retained earnings.

BlackRock is publicly owned, with its shares held by various shareholders, including institutional investors like Vanguard Group and State Street Corporation and individual shareholders.

Industrial and Commercial Bank of China is the world's most valuable banking brand for the eighth consecutive year, boasting a 3% rise in brand value to $71.8bn.