When we say ‘bank usually means a type of financial institution where we deposit our savings and make our payments. These banks are known as commercial banks. But what we’re talking about here is the investment banks. These are the large financial institutions to be more precise to provide financial services to other organizations. The activities of investment banks have a major impact on the economy. The financial crisis that shook the world recently due to the plummeting stock of the company by investment banks. It was this crisis, which highlighted “investment bank” the term for ordinary people.
There has been vehement accusations that the global financial crisis happened because of the facts of particular investment banks. Occasionally there are complaints about how these investment banks will reap the benefits and how their employees get large compensation packages. Bueno, let the background as we are talking about something different here.
Mon An investment bank does not operate as a commercial bank. It does not take deposits, but engaged in trading of financial instruments such as stocks, bonds, etc. are known as values. It provides assistance to corporations and other institutions in securities trading (buying and selling). Therefore the main function of an investment bank are corporate finance or investment banking.
There are many investment banks in the world offering specialized services to numerous investment banking entities. These are based in different countries. Some of these investment banks due to its impeccable service become a favorite in the corporate world, while others struggle to improve their services. As other service providers, each year the investment banks are classified according to their service and performance. Some cling to their highest since a long time, while others move up and down the ladder depending on their classification .
So, here are the top 10 investment banks in the world at this time. The rankings are based on points collected by these banks under its services and performance.
1. Goldman Sachs:
Goldman Sachs is a reputable investment banking and securities firm with global presence . It was in 1869 that established important world. Most of his clients are institutions. Apart from the handling of investment banking and securities clients of the firm also provides investment management services, along with other financial services.
2 JP Morgan Chase.
JP Morgan Chase operates in 60 countries and assets worth $ 2 billion. This global provider of financial services is one of the oldest companies. JP Morgan is credited to the management of market capitalization which is by far the largest at this time. is currently managing assets worth U.S. $ 779 000 000 000.
3. Morgan Stanley:
Morgan Stanley is another investment banker with a presence throughout the world. It offers services various corporate finance. Apart from that also manages government assets and other financial institutions, including individuals. Today, Morgan Stanley has assets under management worth U.S. $ 779 000 000 000.
Citigroup, based in the USA is a provider of financial services. Headquartered in New York and is a leading U.S. companies that offer financial services. The network of Citigroup is considered the largest in the world. The company has about 16,000 offices in nearly 140 countries.
5. Bank of America (Bank of America Merrill Lynch):
Bank of America, Merrill Lynch formerly Bank of America is another major global financial services. In the U.S. this investment bank is considered the largest bank in assets under her power. In terms of market capitalization of the bank ranks second in the U.S..
6. Barclays Capital:
Forbes Global 2000 had risen to Barclays Capital, 25 º position (to submit the list for the year 2008) in the world’s largest financial services company category. On the other Tier 1 capital was classified as the fourth largest global provider of financial services for managing assets worth 32.5 billion U.S. dollars. Barclays Capital, with assets worth 3.7 trillion U.S. dollars is the largest financial services provider in the world.
Lazard is another well-known global financial services provider that offers financial advisory and asset management of several international companies. With a total value worth $ 1 trillion and the debtor’s assets worth $ 350 million (by running more than 250 restructuring) the investment bank the largest in the world.
8. Credit Suisse:
Credit Suisse investment bank was founded in 1856. It was Alfred Escher who established this bank. Credit Suisse provides financial services related to investment banking, asset management and private banking.
9. Deutsche Bank:
Deutsche Bank is another major global financial services with a presence throughout the world. Apart services such as trade, sales, debt and equity origination, mergers and acquisitions also offers financial products linked to risk management, corporate finance, wealth and fund management. It is also the retail and transactions.
UBS AG is an investment bank based in Switzerland, which operates worldwide. offers diversified financial services to international clients. The company is headquartered in Basel and Zurich. In terms of private wealth management at UBS assets is considered the second largest wealth manager in the world. On the other hand, in terms of profitability and UBS market capitalization ranks as the second largest bank in Europe. With offices in over 50 countries, UBS has a presence in almost all major financial centers worldwide.
The importance of banks Multiple investment is in the world. Businesses need capital to run and to raise needed capital firms by financial institutions as investment banks. Also people will not be able to grow their money if they are unable to invest in profitable systems . Investing in a savings deposit is not conducive to growth.
This will lead to an unequal distribution of wealth. Every day financial transactions will become the exclusive only large institutions or wealthy individuals. The existence of banks investment ensures the rapid flow of capital. This helps to accelerate business growth and savings. As a result, the economy grows. The investment banks to manage complex financial activities to simplify things for us. The banking investment is all about raising capital to increase capital.