Top Investment Banks Headquartered in New York City
The best investment banks play a significant in facilitating the movement of money within the economy. Those that offer full services offer various investment and business services. These banks mainly serve individuals with a high net worth and growing businesses, providing unique financial products and services. New York is home to some of the world’s best Investment banks.
Goldman Sachs
It has been in existence for nearly 150 years and the most prestigious investment bank. It offers financial advice to governments, wealthy families, and corporations globally. Several influential and high-ranking government personnel, including white house advisors and treasury secretaries, have worked for the company.
Its clients receive underwriting services, engage in private equity and propriety trading deals, and advise M & A. It ranks among the most approved companies due to sound people management, social responsibility, innovation, and quality services and products. Additionally, financial soundness, corporate assets use, and high quality management contribute to success.
JPMorgan Chase
The corporation primarily comprises two divisions, J.P Morgan, which focuses mainly on investments like investment banking and Chase, its commercial and business banking side. It operates in over 60 countries and has assets worth more than $1 trillion. It is a leader in consumer financial services, investment banking, processing financial transactions asset management, private equity, and commercial and small business banking.
Like several big banks, JPMorgan Chase is a result of many mergers and acquisitions. Its predecessors include Bank One, Washington Mutual, Chase Manhattan Bank, and Bear Stearns. Its website indicates that the company focuses mainly on mergers and acquisitions.
Morgan Stanley
It is a leading global provider of financial advisory and asset management services listed on the New York Stock Exchange; it manages $852 billion in assets. Although its roots can be traced back to 1924, the current Morgan Stanley is a result of the 1997 merger, which created Morgan Stanley Dean Witter Discover &Co. In 2001, the name reverted to Morgan Stanley.
The company has here divisions: wealth management, which serves personal investors, investment management, and institutions securities. The wealth management division came from the Smith Barney acquisition. Morgan Stanley provides a wide range of services, including advising, restructuring, mergers and acquisitions, lending, and IPOs.
Blackstone Group
It is a leading global provider of alternative asset management and financial advisory services. Blackstone Group manages more than $100 billion in assets. Besides private equity investment, it also operates in real estate, distressed debt, growth equity, infrastructure, insurance, life sciences, and hedge funds.
The company strives to carefully manage its clients’ funds and deliver long-term benefits and value. It has invested in notable companies like Republic Services, Hilton Worldwide, Vivint, Performance Food Group, Merlin Entertainment Group, Travelport, AlliedBarton, Freescale Semiconductor, EQ Office, and United Biscuits.
Citigroup
The multinational company has its headquarters in New York but operates in over 160 countries. It came into existence in 1998 after a successful merger of travelers Group, a financial conglomerate, and Citicorp. Citicorp owns many international subsidiaries, including Citicorp, Citibank’s holding company.
The company currently offers capital markets origination, investment & corporate banking, markets and securities, trade and treasury solutions, and professional investment advisory services. It is one of the top nine bulge brackets’ world’s investment banks and primary US Treasuries segment dealers.
Centerview Partners
It offers capital allocations, mergers and acquisition advice, divestitures and restructuring, and takeover defense services. The company was built based on the belief that management teams deserve to work with a respectable and trusted advisor and a private equity partner with extensive knowledge of specific opportunities and issues in an excessively competitive world.
Employees of Centerview partners get the opportunities to work on massive, fascinating, and complex Wall Street deals. The company’s client list now comprised 20% of the world’s 50 biggest companies.
New York City is an ideal location for aspiring investment bankers as it is home to 490 investment banks, including some of the world’s largest. Additionally, since the big apple is one of the most important financial centers, many deals occur every day.
