JPMorgan holds #1 spot in shrinking investment banking pie

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan's (JPM) Q1 investment banking revenue, according to Coalition, keeps the bank ahead of rivals like GS, DB, BAC, and C - all of whom tied for 2nd - but the amount of $5.9B was nearly 15% lower than the $6.9B posted a year ago.

Revenue in fixed income, commodities, and currencies (FICC) of $3.2B put JPMorgan in the top spot in that category, but this figure was down more than 25% from 2013.

In equities, JPMorgan's $1.4B in revenue tied it with Morgan Stanley (MS) for first place. In advisory business, it was Goldman Sachs and BAML - each bringing in about $1.5B - which led the way.