LONDON, Dec 5 (Reuters) - U.S. bank JPMorgan retained its crown as the top performing investment bank in thefirst nine months of the year, having made revenue of $17.1billion in the year-to-date, new data showed on Friday.
In a ranking compiled by industry analytics firm Coalition,U.S. banks dominated the top spots, with Goldman Sachs coming second.
The only European bank to make the top three was DeutscheBank, which shared third place with Citigroup and Bank of America Merrill Lynch.
Coalition, which only reports revenue figures for thetop-ranked banks, said that total investment bank revenue earnedso far this year was 6 percent lower than a year earlier, drivenlargely by a downturn in fixed income, currencies andcommodities (FICC) divisions.
The top two investment banks in FICC - JPMorgan and Citi -have earned $8.9 billion this year from those divisions,compared to $10.1 billion in the same period last year,Coalition's data shows.
Most investment banks have seen trading revenues slump overthe past year amid a low interest environment and tougherregulations requiring them to hold more capital, which havedriven down returns.
Equities divisions have performed much better, with the topbank Morgan Stanley making revenue of $4.5 billion in theyear-to-date, 15 percent more than the top bank did a yearearlier. Last year's leaders JPMorgan and Goldman Sachs droppedto second.
Revenue at investment banking divisions, whose staff adviseon deals, also rose. First-place JPMorgan's year-to-date revenuewas $4.4 billion, almost 5 percent more than the Wall Streetbank made by the same time last year.
Coalition tracks the performance of Bank of America MerrillLynch, Barclays, BNP Paribas, Citi, CreditSuisse, Deutsche Bank, Goldman Sachs, JPMorgan, MorganStanley and UBS - the 10 largest investment banksglobally.
(Reporting by Clare Hutchison; Editing by Vincent Baby)