Advance Your Career With The Best Investment Banking Companies

Investment banks are huge financial institutions that offer specialist services such as raising funds by issuing shares, and facilitating mergers and acquisitions (M&A). Each transaction that an investment bank manages is done on a bigger scale.

For instance, if soft drinks enterprise Diageo wants to sell USD 8 billion worth of bonds to expand its business into Russia, it will approach an investment banking company to help in getting buyers.

In this article, let’s get an understanding of the top IB companies for the individuals who want to excel in their career in investment banking.

The leading Investment Banking companies are as follows:

1. JPMorgan Chase
2. HSBC Holdings
3. Bank of America
4. Citigroup (Citi)
5. Goldman Sachs
6. Barclays
7. Morgan Stanley
8. Credit Suisse
9. Deutsche Bank
10. Wells Fargo

✔JPMorgan Chase

Probably the most reputed name in IB is JPMorgan Chase, where the history can be traced back from the year 1799. It was founded in 2000 after a merger between JPMorgan and Chase Manhattan Bank with a presence in more than 100 markets and manages more than USD 2.7 trillion in assets with focus fields are investment banking, and M&A.

✔HSBC Holdings

UK-based HSBC Holdings was founded in the year 1865 and has more than 39 million clients in 65 countries. It one of the top investment banks in the world and also the biggest company in the UK by market cap with around USD 2.6 trillion in assets. Its main services include M&A, investment banking and private banking.

✔Bank of America

Though Bank of America is not an investment bank itself, it does have a very prominent investment banking space that came about through the acquisition of Merrill Lynch in 2008. They have announced that it was rebranding the Merrill Lynch as BofA Securities. The corporation handles almost USD 2.4 trillion in assets, making it the second-largest investment bank in the US. Its services are M&A, risk management, lending and trading.

✔Citigroup

American corporation Cititgroup is more than 200 years old with global employs 219,000 people serves more than 200 million customers and has a presence in 160 nations. Ranked the third largest investment bank in the US with a strong focus on IB, managing over USD 1.9 trillion in assets.

✔Goldman Sachs

New York-based IB company Goldman Sachs was founded in 1869. It is a pioneer in investing and lending, private equity, investment management, and institutional client offerings. Most of its revenue is generated by the IB division. They are famous for the most chosen organization for individuals who wants to excel in their career in investment banking because of it being a powerhouse in the IB industry. Goldman Sachs functions as a standalone online consumer bank and also involves in many social responsibility developments.

| Read More: mergers and acquisitions investment banking

✔Barclays

British giant Barclays — second largest British investment bank with total assets of USD 1.1 trillion. They are also listed on the London Stock Exchange (LSE) in 1953 and it is also a constituent of the FTSE 100. Its services range from corporate banking to wealth and investment management.

Barclays’s short-term plans consist of reducing operational costs to enhance the profitability and returning more cash to the shareholders. Several professionals choose a certification in investment banking to be a part of this prestigious organization.

✔Morgan Stanley

Morgan Stanley does possess the same amount of assets under management as its competitors, but it is an active player in IB industry for nearly 90 years. The bank possesses great specialties in investment management, wealth management and corporate restructuring. It handles more than USD 850 billion in assets.

✔Credit Suisse

Credit Suisse is among the leading Swedish investment bank, which was formed in the year 1856. It operates in almost all the financial centers across the globe, handling more than USD 1.35 trillion in assets. They are known for their strict confidentiality and banking secrecy. They have operations in 50 countries around the world, with a major presence in the United States.

✔Deutsche Bank

Deutsche Bank is the largest investment bank in the Eurozone founded in 1870. As with Credit Suisse, Deutsche Bank has a big bearing on IB in the US. It holds around USD 213 billion in assets under management and offers services such as M&A, advisory services, risk management, and more.

✔Wells Fargo

Wells Fargo is a US investment bank with nearly 5,000 domestic branch offices in more than 40 countries and possesses USD 1.8 trillion in consolidated assets. Its focus is on wholesale banking, as well as wealth and investment management, but it also runs a consumer bank.

As a member of America’s Big Four Banks, Wells Fargo has both commercial and retail banking interests, and also investment banking and wealth and asset management operations.