JPMorgan is set to finish the year in a dominant position when it comes to Wall Street dealmaking revenues.
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 sweep: 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).
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.
JPMorgan has a 8.1% market share and $5.7 billion in total revenues. It is followed by rival Goldman Sachs, with $4.7 billion and a 6.7% share. Bank of America is in third place, with $4.3 billion.
Global investment banking revenue stands at $70.5 billion, down 9% from the total for 2015.
The US investment banking league table almost exactly mirrors the global ranking, reflecting the importance of the US market.
The only difference is that Wells Fargo ranks eighth in the US, and ninth globally, while Deutsche Bank ranks eighth globally, and ninth in the US.
JPMorgan has made $1.4 billion in revenue in debt capital markets, giving it an 6.9% share. Bank of America is in second, with $1.4 billion in fees, and Citi raked in $1.2 million to place third.
DCM is the only market in 2016 to see an increase revenue, up 4% year‐on‐year to $20.8bn.
