JP Morgan Top Revenue Maker So Far In ‘06

JP Morgan tops the list of net investment-banking revenue bywith $2.424 billion, or a 7% share, for the first half of 2006, according to Dealogic.

JP Morgan tops the list of net investment-banking revenue with $2.424 billion, or a 7% share, for the first half of 2006, according to Dealogic. Close behind are Goldman Sachs ($2.386 billion), Citigroup ($2.333 billion), Morgan Stanley ($1.956 billion) and Deutsche Bank ($1.765 billion). Global investment revenue for the first six months hit a record $34.5 billion, representing an increase of 14% over the same period last year, says Dealogic. Companies in the Americas accounted for 51% of the global investment banking revenue, followed by Europe/Middle East/Africa, at 36% (down from 41% a year ago). Asia Pacific was the fastest-growing region, climbing 32.2% to $4.4 billion. Private equity firm Apax Partners was the biggest revenue generator with $300 million, while JP Morgan received the largest percentage of sponsor money, 9%.