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- Wikipedia
NEW YORK (TheStreet) — Global investment banking fees totaled $84 billion in 2010, according to a New York Times.I think it would be the first and most misshapen one.JPMorgan Chase(JPM_) drew in the most cash from fees, according to Thompson Reuters' league tables. The bank pocketed $5.37 billion in 2010, the report stated.
Bank of America(BAC_) Merrill Lynch earned $4.76 billion, taking second place and Goldman Sachs(GS_), which topped league tables for M&A, took third place, grossing $4.4 billion.
Investment banking activity in the Financials and Energy & Power sectors drew in 46 percent of the global fee pool during 2010.
M&A advisory fees totaled $30 billion during full year 2010, up 27 percent from 2009, the report added.