JPMORGAN RANKED NUMBER ONE FOR REVENUE

JPMorgan was again ranked the top investment bank by revenue in the first quarter with $5.9bn, according to a newsurvey published on Wednesday.

Reuters reports that in a repeat of the previous year's results, the bank came ahead of rivals Goldman Sachs, Deutsche Bank, Bank of America Merrill Lynch and Citi, which all tied for second place, according to industry analytics firm Coalition.

Morgan Stanley finished sixth, while Barclays and Credit Suisse came joint seventh.

Coalition, which only gives revenue figures for the top-ranked bank in categories including equities and advisory, said that JPMorgan'sinvestment banking revenue in the first quarter fell by almost 15% from $6.9bn in the same period last year.

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JPMorgan's investment bank ranked top in first quarter - survey