Finance

Here’s how much the top Wall Street banks have earned in fees this year

Jamie DimonReutersJPMorgan CEO Jamie Dimon. JPMorgan has pulled in more fees than any other investment bank this year.

It has been a miserable start to the year for Wall Street dealmakers.

Revenues from equity and debt deals and mergers and acquisitions have fallen off a cliff.

Industry-wide global investment banking revenue is down 36% from the first quarter of last year. Revenues are down in pretty much every single business line.

And JPMorgan has taken home the biggest chunk of a shrinking pie, according to Dealogic’s preliminary league tables for the first quarter.

League tables are a contentious subject on Wall Street.

Banks use them when pitching for new business, and a good ranking means serious bragging rights. But the league table-data can also be sliced up to make a bank’s performance look better (by narrowing the field very narrowly, for example).

Though they’re based on estimates, these tables are the broadest possible and a closely-watched indicator of who is up and who is down.

Here’s how the banks stacked up this time around.

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