Investment Banking
Industry Description
The US investment banking industry includes about 3,000 companies with combined annual revenue of about $125 billion. Major companies include Bank of America's Merrill Lynch, Morgan Stanley, Goldman Sachs, Lazard, and Jefferies. Investment banking is highly concentrated: the largest 50 firms generate more than 90 percent of industry revenue.
SIC: 6159
NAICS: 523110
NAICS: 523110
Related Industries:
Consulting Services, Financial Planners & Investment Advisers, Mortgage Banking, Consumer Lending, Securities Brokerages, US Municipal Governments, Banks & Credit UnionsTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Morgan Stanley | 39,310.00M | New York, NY |
| The Goldman Sachs Group, Inc. | 36,793.00M | New York, NY |
| Macquarie Group Limited | 13,342.94M | Sydney, Australia |
| Credit Suisse (USA), Inc. | 13,259.27M | New York, NY |
| Goldman Sachs Group Holdings (U.K.) | 7,844.07M | London, United Kingdom |
Trends
Consolidation - Investment banks have been merging with each other as...
Industry Indicator
US corporate profits, an indicator of general US economic health which impacts investment banking, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
Quarterly Industry Update
Citigroup Agrees to $285 Million Settlement with SEC - Citigroup, a leading financial services firm, agreed in October 2011 to pay $285 million in a settlement with the SEC over fraud charges related to...


