According to a recent report, JPMorgan Chase & Co and Goldman Sachs Group are the largest investment banks in the world by revenue with $54.2 and $50.4 billion.
Investment banks are the financial institutions that help an individual, governments, and companies to issue bonds and other stocks and securities.
An investment bank also offers other services such as:
- Sales and trading
- Investment
- Lending
- Asset Management, etc.
List Of 20 Largest Investment Banks In The World By Revenue
Here is the list of the 20 banks that make more investment income every year. Go through the whole table to get your answer. All the numbers given in the table are in $billion.
| Rank | Bank | Country | Investment Banking | Sales and Trading | Investment Management | Lending | Total Investment Income |
| 1 | JPMorgan Chase & Co | USA | $6.5 | $22 | $17.5 | $8.2 | $54.2 |
| 2 | Goldman Sache | USA | $11.7 | $25.3 | $7.2 | $6.2 | $50.4 |
| 3 | BofA Securities | USA | 22.3 | No Info | 20 | No Info | 42.3 |
| 4 | Barclays PLC | UK | 8.3 | 13.6 | 3.1 | 15.3 | 40.3 |
| 5 | Morgan Stanley | USA | 7.5 | 17 | 7 | 8 | 39.5 |
| 6 | UBS | Switzerland | 26.3 | 4.9 | 5.1 | No Info | 36.3 |
| 7 | BNP Paribas | France | 13.5 | 20.5 | No Info | No Info | 34 |
| 8 | HSBC Holdings | UK | 17.4 | No Info | 12.5 | No Info | 29.9 |
| 9 | Bank of America Merrill Lynch | USA | 6.2 | 15.1 | 6.1 | No Info | 27.4 |
| 10 | Citigroup | USA | 6.4 | 4 | 3.7 | 12.2 | 26.3 |
| 11 | Credit Suisse Group | Switzerland | 8.8 | 8.4 | 4.2 | No Info | 21.4 |
| 12 | Mitsubishi UFJ Financial Group | Japan | 7.1 | 13.5 | No Info | No Info | 20.6 |
| 13 | Deutsche Bank | Germany | 11.3 | 4 | 2.6 | No Info | 17.9 |
| 14 | Wells Fargo | USA | 12 | No Info | 4.3 | No Info | 16.3 |
| 15 | Royal Bank of Canada | Canada | 2.7 | No Info | 3.3 | 7 | 13 |
| 16 | Nomura Holdings Inc | Japan | 3.1 | No Info | No Info | 7.5 | 10.6 |
| 17 | Jefferies Grope LLC | USA | 3.5 | 3.4 | No Info | No Info | 6.9 |
| 18 | Mizuho Financial Group | Japan | 5.5 | 1.2 | No Info | No Info | 6.7 |
| 19 | Bank of Montreal | Canada | 1.7 | No Info | No Info | 2.8 | 4.5 |
| 20 | Lazard Limited | UK | 2.7 | No Info | 1.7 | No Info | 4.4 |
Top Largest Investment Banks By Investment Banking Fees
Banking fees or investment banking fees are the combinations of different services such as debt issuance, equity issuance, mergers or acquisitions, etc.
Here are the top investment banks by investment banking fees by a very recent report.
Goldman Sachs
One of the world’s top leading and largest investment banks in the world by revenue and investment banking fees. The institution makes a revenue of $7.5 billion as per the record in 2021.
JPMorgan Chase
Another leading company that is the most massive bank in the USA by assets, revenue, and market capitalization.
The company makes a revenue of $7.3 billion from investment banking fees, thus securing the second position in investment banking fees.
JPMorgan Chase is also known for its highest number of deposits and market capitalizations.
Morgan Stanley
A USA-based bank that make a revenue of $6.6 billion in 2021 from investment banking fees. The bank also makes the highest revenue every year.
Bank Of America
Securing the 4th position in the list of the largest banks by investment banking fees that make a revenue of $6.2 billion in 2021.
The bank is also listed as one of the safe banks in the United States and the most massive bank in the world by the number of employees and locations across the globe.
Citigroup
One of the leading companies based in the USA, which is also listed as one of the biggest financial institutions in the USA. The bank make a revenue of $5 billion in 2021 through investment banking fees.
Factors That Affect Investment Banking
There are many factors that can seriously affect an investment banking performance. Some of the most important factors that affect a company’s performance are the following:
- Market Conditions such as during a recession or downfall of economic condition
- Changing the regulations that can affect the fees of a service
- A political event such as the implementation of a law or change in a government policy seriously affects investment banking in terms of tax or excess expense
- Advancement in technology also affects the investment banking
- There will also be competition, and the firm that offers high-quality service along with reasonable fees will win the game