JPMorgan remains top performing investment bank

JPMorgan still

U.S. bank JPMorgan retained its crown as the top performing investment bank in the first nine months of the year, having made revenue of $17.1bn in the year-to-date, new data showed on Friday.

Reuters reports that in a ranking compiled by industry analytics firm Coalition, U.S.banks dominated the top spots, with Goldman Sachs coming second.

The only European bank to make the top three was Deutsche Bank, which shared third place with Citigroup and Bank of America Merrill Lynch.

Coalition, which only reports revenue figures for the top-ranked banks, said that total investment bank revenue earned so far this year was 6% lower than a year earlier, driven largely by a downturn in fixed income,currencies and commodities (FICC) divisions.

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JPMorgan continues run as top ranked investment bank

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