Different from the banks where we store and withdraw our money, investment banks assist governments, corporations, or other entities to raise or create capital. Investment banks may provide advice on how much a company is worth and how best to structure a deal on acquisition, merger, or sale. Investment banking analysts are experts who understand the feasibility of large projects. They help investors to identify the risks of their projects before they invest money and time.
Here’s a list of the top 7 investment banks in the US, ranked by Market Value of the firms:
JPMorgan Chase & Co:
Culture – The company fosters a diverse and inclusive community for all its employees and is continually investing in new ways to develop all of its people to grow and be successful.
Services – The JP Morgan side of the company is responsible for its investment banking, asset management, private banking, and private wealth management divisions, while the Chase brand handles credit card services in the US
Global M&A Advisor Ranking – No. 3
First-year investment banking analyst average base salary: $78,004/year.
Wells Fargo & Co:
Culture – Wells Fargo strengthen communities through diversity & inclusion, economic empowerment, and sustainability.
Services – It provides a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.
Global M&A Advisor Ranking: N/A
First-year investment banking analyst average base salary: $92,133/year.
Morgan Stanley:
Culture – The bank puts clients first, leads with exceptional ideas, commits to diversity and inclusion, and gives back.
Services – offers products and services in brokerage and investment advisory, retirement plans, and financial and wealth planning services, among other things.
Global M&A Advisor Ranking: No. 3
First-year investment banking analyst average base salary: $92,949/year.
Goldman Sachs:
Culture – The company values teamwork, client service, and giving back to the communities they serve.
Services – It provides services across investment banking, securities, investment management, and consumer banking to a diversified client base, including corporations, financial institutions, governments, and individuals.
Global M&A Advisor Ranking: No. 1
First-year investment banking analyst average base salary: $ $82,380 – $96,025/year.
PNC Financial Services Group Inc:
Culture – The company holds all employees and managers accountable for demonstrating the values with customers and with one another. The bank’s critical values to success are customer focus, diversity & inclusion, integrity, performance, quality of life, respect, and teamwork.
Services – Its businesses are engaged in retail banking, including residential mortgage, corporate and institutional banking, and asset management.
Global M&A Advisor Ranking: N/A
First-year investment banking analyst average base salary: $92,133/year.
Charles Schwab:
Culture – The company believes in every firm of every size deserves world-class support and everything they need to grow and succeed by committing millions in resources.
Services – It offers banking, commercial banking, an electronic trading platform, and wealth management advisory services to both retail and institutional clients. It provides industry-leading custody service with no asset management minimum, no custody fees, and no intention to raise them.
Global M&A Advisor Ranking: N/A
First-year investment banking analyst average base salary: $73,870/year.
Bank of America Corporation:
Culture – The company has built a strong culture of inclusion by fostering an environment of trust and engagement, where all employees are empowered to bring their whole selves to work.
Services – The company focuses on helping individuals navigate every stage of their financial lives, working with large and small companies, and providing insights, ideas, and award-winning research for institutional investors.
Global M&A Advisor Ranking: No. 4
First-year investment banking analyst average base salary: $89,263/year.
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