1. Goldman Sachs Gol? DmanSachs (in the order of ranking)
The world's earliest professional investment bank, by Gol? Mr. dmanSachs was founded in 1861.
Goldman Sachs is famous for its strong corporate culture. For more than 1 years, it has always adhered to the main strategy of investment banking, and rarely set foot in commercial banks, retail brokerage and other fields (but not completely), making it the first investment bank on Wall Street.
2. Morgan Stanley MorganStanley
Originally an investment bank under the Morgan Consortium, but now the Morgan Consortium has long since disintegrated, Morgan Stanley has no special relationship with JP Morgan. In 1933, the United States stipulated that investment banks and commercial banks must be separated, and Morgan Stanley became a pure investment bank. It has been closely following Goldman Sachs in history and took the first place last year. Morgan Stanley is one of the earliest investment banks in China market and a major shareholder of CICC.
3.JP Morgan JPMorgan
As early as 1989, a commercial bank under the former Morgan Consortium? It was chartered by the American government to engage in investment banking business. In 21, due to poor management, it encountered a crisis and merged with Chase Bank. With the deregulation of investment banking in the United States, JP Morgan has gradually developed into a universal bank similar to Deutsche Bank and Swiss Bank, and its subordinate Bankne is also a famous bank brand. JP Morgan is also the largest asset management company in the United States, and many famous fund managers are from JP Morgan.
4. Swiss bank UBS
Swiss bank is one of the largest universal banks in Europe. Its investment banking department is mainly ubs warburg, which was originally the investment bank of Warburg Group. Swiss bank is mainly famous for its powerful commercial banking department, and it is not a mainstream investment bank in the US market, and it has not made much moves in the securities field in China. What is certain is that Swiss banks will continue to develop their lucrative investment banking business and move closer to JP Morgan and Deutsche Bank.
5. DeutscheBank
The most famous universal bank in the world has strong commercial banking and investment banking, but it doesn't seem to have the securities analysis, securities brokerage and consulting functions of typical American investment banks (of course, it certainly has these departments, but it is not valued by Wall Street). Deutsche Bank's investment banking business is still dominated by Europe, and it is rarely heard that it is the lead underwriter of large American companies. China is a new market that Deutsche Bank focuses on developing, but at present it seems to be dominated by commercial banks.
6. Merrill Lynch
The largest retail securities broker in the world started with the tide of retail investment, and its securities analysis and consulting department is the strongest in the world. Strictly speaking, investment banking is not the main business of Merrill Lynch, but with the consolidation of its position as the first securities broker, its investment banking business is getting bigger and bigger, second only to traditional investment banks such as Goldman Sachs and Morgan Stanley. However, the conflicts of interest between investment banking and securities brokerage of Merrill Lynch are also accumulating day by day, and it is difficult to balance the interests of large customers and retail investors. Today, with the increasingly separation of investment banking from securities brokerage and consulting business, Merrill Lynch is also facing unpredictable challenges.
7. BankofAmerica
The fastest-growing commercial banks in the United States in recent years mainly rely on- -? The acquisition of the series gained the status of super bank. With the United States no longer prohibiting commercial banks from operating investment banking business, its investment banking department has also developed rapidly. It is worth noting that this year, Bank of America has just become the major shareholder of China Construction Bank, and is ready to further strengthen its investment in China. It will not be too far away for it to launch a large-scale investment banking business in China.
8. Credit Suisse First Boston CSFB
The combination of Credit Suisse and First Boston Investment Bank is a typical product of European and American cooperation. In China, it is well-known, but its real business is not developed much. Perhaps the most impressive thing for people is that its recruitment conditions are harsh, even far exceeding those of higher ranking investment banks such as Goldman Sachs and Morgan Stanley. It must be pointed out that Credit Suisse has no direct contact with UBS, while CSFB only? It's just a division of Credit Suisse.
9. Lehman Brothers:
In 24, it was rated as the most popular investment bank in Europe, but its headquarters was in the United States, ranking second to Goldman Sachs and Morgan Stanley, and at the same level as Merrill Lynch and Salomon Smith Barney (now disintegrated). Lehman Brothers is mainly engaged in fixed income and merger and reorganization business. It has not made much achievements in the traditional stock issuance field of investment banks. Its business in China is relatively slow. At present, it mainly attacks the Japanese and Hongkong markets. Although it also has branches in Beijing, it has not heard of any major moves.
1. Citigr, a global investment bank? OupGlobal
Citigroup is one of the largest commercial banks in the world. In 199s, it merged with the famous Traveler Group and got the famous Salomon Smith Barney Investment Bank. However, Salomon Smith Barney was ill-fated. Due to the pressure from the American judiciary to separate investment banks from securities analysis institutions, it was split into two parts this summer: Citigroup Global Investment Bank and Nikko Salomon Smith Barney Securities Company, becoming the first major investment bank in the world to truly separate from the securities analysis business. This also indicates that investment banks are close to commercial banks and far from securities brokers and consulting firms.
Extended information:
Investment Banks are a kind of financial institutions corresponding to commercial banks. They are non-bank financial institutions mainly engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital and project financing, and are the main financial intermediaries in the capital market.
investment bank is the title of the United States and continental Europe, which is called merchant bank in Britain and securities company in Japan. ?
There are four main organizational forms of investment banks:
One is independent professional investment banks. There are many institutions of this type all over the world, and they have their own business directions, such as Goldman Sachs and Morgan Stanley in the United States;
Second, investment banks owned by commercial banks, which mainly involve commercial banks engaging in investment banking business through mergers and acquisitions of other investment banks, equity participation or establishment of subsidiaries. This form is very typical in Britain and Germany, such as HSBC Group and UBS Group AG;
Third, universal banks directly operate investment banking business, which mainly appears in Europe. Banks are engaged in commercial banking business as well as investment banking business, such as Deutsche Bank.
fourth, financial companies set up by some large multinational companies. In China, the main representatives of investment banks are: China International Capital Corporation, CITIC Securities, etc.
Reference: Investment Bank-Baidu Encyclopedia.