ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
which is the largest investment bank in the world by revenue? (2016)
A
CITI
B
Goldman Sachs
C
JP Morgan
D
Lehmann Brothers
Explanation: 

Detailed explanation-1: -1. JPMorgan Chase. JPMorgan Chase has $3.5 trillion in consolidated assets and almost 5, 000 branches in the U.S. alone.

Detailed explanation-2: -JPMorgan Chase annual revenue for 2022 was $154.792B, a 21.69% increase from 2021. JPMorgan Chase annual revenue for 2021 was $127.202B, a 2.09% decline from 2020. JPMorgan Chase annual revenue for 2020 was $129.911B, a 8.84% decline from 2019.

Detailed explanation-3: -In 2022, J.P. Morgan ranked in 280 sectors, achieving a top-3 ranking in 205 sectors across the 7 regional Equity Research surveys and the Global Fixed Income Research survey.

Detailed explanation-4: -According to JPMorgan Chase’s latest financial reports the company’s current revenue (TTM) is $128.64 B. In 2021 the company made a revenue of $121.68 B an increase over the years 2020 revenue that were of $119.53 B. The revenue is the total amount of income that a company generates by the sale of goods or services.

Detailed explanation-5: -JPMorgan Chase. Goldman Sachs. BofA Securities. Morgan Stanley. Citigroup. UBS. Credit Suisse. Deutsche Bank. More items

There is 1 question to complete.