• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Investment Banking in the U.S. Product Image

Investment Banking in the U.S.

  • ID: 1052350
  • October 2014
  • Region: United States
  • 10 pages
  • First Research

Brief Excerpt from Industry Overview Chapter:

Companies in this industry underwrite, originate and maintain markets for clients issuing securities; they may also offer advisory services, help facilitate corporate mergers and other deals, or act as principals in buying or selling securities on a spread. Major companies include Goldman Sachs, Merrill Lynch, and Morgan Stanley (all based in the US), as well as Barclays (UK), Deutsche Bank (Germany), Macquarie Group (Australia), Nomura (Japan), and UBS (Switzerland).

Worldwide revenue for investment banks is about $230 billion, according to Morgan Stanley. The US is the main driver of investment banking profits - accounting for about half of the world's fee revenue, according to Morgan Stanley. However, European and Asian banks also are key players within the industry.

The US investment banking industry includes about 3,000 companies with combined annual revenue of about $140 billion.

COMPETITIVE LANDSCAPE

Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Investment banking is highly concentrated in the US: the largest 50 firms generate more than 90 percent of industry revenue.

The global financial...

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

Note: Product cover images may vary from those shown

RELATED PRODUCTS

  • Financial Services - Global Outlook - Product Thumbnail Image Financial Services - Global Outlook

    Financial Services - Global Outlook

    • Language: English
    • 191 Pages
    • Published: January 2012
    • Region: Global
    FROM
  • Banking - Global Outlook - Product Thumbnail Image Banking - Global Outlook

    Banking - Global Outlook

    • Language: English
    • 426 Pages
    • Published: January 2012
    • Region: Global
    FROM
  • United States 2012 Wealth Book: The American Dream Revisited - Product Thumbnail Image United States 2012 Wealth Book: The American Dream Revisited

    United States 2012 Wealth Book: The American Dream Revisited

    • Language: English
    • 138 Pages
    • Published: December 2012
    • Region: United States
    FROM
  • Ultra HNWIs in the United States 2012 - Product Thumbnail Image Ultra HNWIs in the United States 2012

    Ultra HNWIs in the United States 2012

    • Language: English
    • 108 Pages
    • Published: December 2012
    • Region: United States
    FROM
  • HNWI Asset Allocation in the United States 2012 - Product Thumbnail Image HNWI Asset Allocation in the United States 2012

    HNWI Asset Allocation in the United States 2012

    • Language: English
    • 71 Pages
    • Published: December 2012
    • Region: United States
    FROM
  • Challenges and Opportunities for the Wealth Sector in the United States 2012 - Product Thumbnail Image Challenges and Opportunities for the Wealth Sector in the United States 2012

    Challenges and Opportunities for the Wealth Sector in the United States 2012

    • Language: English
    • 65 Pages
    • Published: December 2012
    • Region: United States
    FROM
  • High Net Worth Trends in the United States 2012 - Product Thumbnail Image High Net Worth Trends in the United States 2012

    High Net Worth Trends in the United States 2012

    • Language: English
    • 70 Pages
    • Published: December 2012
    • Region: United States
    FROM
  • Morgan Stanley (MS) - Financial and Strategic SWOT Analysis Review - Product Thumbnail Image
    FROM
  • Pharma and Biotech M&A Trends 2009-2014 [old name Merger & Acquisition Terms and Agreements] - Product Thumbnail Image Pharma and Biotech M&A Trends 2009-2014 [old name Merger & Acquisition Terms and Agreements]

    Pharma and Biotech M&A Trends 2009-2014 [old name Merger & Acquisition Terms and Agreements]

    • Language: English
    • 1677 Pages
    • Published: July 2014
    • Region: Global
    FROM
  • Morgan Stanley - Strategy and SWOT Report - Product Thumbnail Image

    Morgan Stanley - Strategy and SWOT Report

    • Language: English
    • Published: July 2014
    FROM

Our Clients

Our clients' logos