Total Banking Fees To End Q3 - Where's Your Firm ?

Listed below is the Top ten investment banks in terms of fees generated for 2003 to the end of September. The figures are sourced from Wall Street consultant Freeman & Co and are based on fee income generated from equity, bond and M&A and exclude fees from syndications, asset-backed and mortgage securities, private-equity fund-raising and fees from restructurings.

1. Citigroup - $1.799bn

2. Goldman Sachs - $1.557bn

3. Merrill Lynch - $1.545bn

4. Morgan Stanley - $1.495bn

5. JP Morgan - $1.422bn

6. UBS - $1.240bn

7. CSFB - $1.221bn

8. Deutsche Bank - $1.197bn

9. Lehman Brothers - $972m

10. Bank of America - $673m

Source - Freeman & Co.

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