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Thursday, 19 June 2014

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.
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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