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Top 10 Investment Banks by Market Capitalisation in 2023

Krugman Insights have ranked the top 10 Investment Banks by market capitalisation with figures up to date coming into 2023.

#1  JPMorgan Chase

Market cap: $496.63 bln.
Total assets: $3,758 bln.
Country: USA

In terms of total assets, JP Morgan is currently the largest investment bank in the world and the fifth-largest bank overall.

In all significant capital markets, it provides a broad range of investment banking products and services, including advice on corporate strategy and structure, capital raising in the stock and debt markets, risk management, and the development of a securities market.

The headquarters of JPMorgan Chase, which was established in 2000, are now located in New York City.

 

#2  Bank Of America

Market cap: $384.40 bln.
Total assets: $3,085 bln.
Country: USA

In terms of total assets, JP Morgan is currently the largest investment bank in the world and the fifth-largest bank overall.

In all significant capital markets, it provides a broad range of investment banking products and services, including advice on corporate strategy and structure, capital raising in the stock and debt markets, risk management, and the development of a securities market.

The headquarters of JPMorgan Chase, which was established in 2000, are now located in New York City.

RELATED Goldman Sachs trims stake in Oncoclinicas in $187M share sale

#3  Morgan Stanley

Market cap: $179.20 bln.
Total assets: $1,161 bln.
Country: USA

This investment bank, which employs 68,000 people and operates in more than 40 nations, provides its services to big businesses, the governmental sector, the financial sector, and private citizens.

Institutional securities, investments, and wealth management are a few of the key areas Morgan Stanley concentrates on.

The most recent statistics show that Morgan Stanley’s market value has surpassed $180 billion.

In 1935, Henry S. Morgan and Harold Stanley founded the business. USA’s New York City serves as the HQ.

#4  Goldman Sachs

Market cap: $136.28 bln.
Total assets: $1,443 bln.
Country: USA

We have added another US-based organisation to our list of the best investment banks. And with good reason.

With offices all over the world and total assets of $1,443 billion, Goldman Sachs Group, Inc. currently has a market value of around $136 billion.

The company’s main goals are to offer financial advisory services to clients globally who are in the public and private sectors, as well as to help these clients buy and sell financial products, raise capital, and manage risks.

Markus Goldman established this global investment bank in 1869, and it has its headquarters in New York City, USA.

RELATED Lazard in talks to be acquired by Abu Dhabi’s ADQ

#5  Citi

Market cap: $132.92 bln.
Total assets: $2,327 bln.
Country: USA

Citigroup Inc. is ranked fifth on our list of the best investment banks.

It ranks among the biggest financial institutions on the planet.

A full range of financial services, including retail and corporate banking, investment banking, brokerage services, asset management services, etc., are currently offered by the bank, which was founded in 1998 as a result of the merger of Citicorp and Travelers Group.

Citigroup is also one of the main dealers in US Treasury securities.

With nearly 200 million retail and business clients across 160 nations, Citigroup is regarded as one of the world’s most international investment banks.

The company’s current headquarters are in New York City, USA.

#6  HSBC Holdings

Market cap: $120.51 bln.
Total assets: $2,968 bln.
Country: England

Citigroup Inc. is ranked fifth on our list of the best investment banks.

It ranks among the biggest financial institutions on the planet.

A full range of financial services, including retail and corporate banking, investment banking, brokerage services, asset management services, etc., are currently offered by the bank, which was founded in 1998 as a result of the merger of Citicorp and Travelers Group.

Citigroup is also one of the main dealers in US Treasury securities.

With nearly 200 million retail and business clients across 160 nations, Citigroup is regarded as one of the world’s most international investment banks.

The company’s current headquarters are in New York City, USA.

RELATED SVB financial sells investment bank to management team

#7  BNP Paribas

Market cap: $86.29 bln.
Total assets: $3,207 bln.
Country: France

Citigroup Inc. is ranked fifth on our list of the best investment banks.

It ranks among the biggest financial institutions on the planet.

A full range of financial services, including retail and corporate banking, investment banking, brokerage services, asset management services, etc., are currently offered by the bank, which was founded in 1998 as a result of the merger of Citicorp and Travelers Group.

Citigroup is also one of the main dealers in US Treasury securities.

With nearly 200 million retail and business clients across 160 nations, Citigroup is regarded as one of the world’s most international investment banks.

The company’s current headquarters are in New York City, USA.

 

#8  UBS Group 

Market cap: $64.09 bln.
Total assets: $1,088 bln.
Country: Switzerland

UBS Group AG is a Swiss financial holding company. It is the largest bank in the Confederation and ranks among the world’s top largest asset management companies.

The operating structure of the company includes a Corporate Center and the following five divisions:

  • Wealth Management
  • Wealth Management Americas
  • Retail & Corporate
  • Global Asset Management
  • Investment Bank

The investment banking segment focuses on investment advice, financial solutions, and access to capital markets for corporate, institutional, and asset management clients.

It is currently headquartered in Zurich, Switzerland.

RELATED Goldman Sachs AM Healthcare head to leave

#9  Barclays  

Market cap: $44.33 bln.
Total assets: $1,923 bln.
Country: England

Founded in 1997 as a division of Barclays, this investment bank provides advisory services on mergers & acquisitions, as well as investment strategies.

Barclays Investment Bank currently employs more than 20,000 people and operates in 30 countries.

The company is headquartered in London, England.

#10  Société Générale

Market cap: $29.53 bln.
Total assets: $1,811 bln.
Country: France

Société Générale holds the tenth place in our biggest investment banks ranking.

It is one of the world’s leading banking groups offering its services to over 30 million clients in 82 countries.

Its total assets amount today to $1,811 bln. making it the third largest bank in France following BNP Paribas and Crédit Agricole and its market cap has almost reached $30 billion.

Société Générale focuses on asset management, investment banking and also provides financial and investment services.

The headquarters are located in Paris, France.

RELATED JP Morgan’s Asia Pacific ECM Head to Leave Bank

To get in contact with feedback on this article please email us at publishing@krugmaninsights.com

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