LONDON, March 14 (Reuters) - JPMorgan Chase kept itstop spot for investment banking revenues last year whileCitigroup and Barclays made the biggestimprovement compared with 2011, a study showed on Thursday.
Industry analytics firm Coalition said JPMorgan's investmentbanking revenues of $24.1 billion put it ahead of second-placedGoldman Sachs and a trio of banks shared third place -Bank of America Merrill Lynch, Citi and Deutsche Bank. Barclays ranked sixth.
Coalition last month estimated 2012 revenues for theinvestment banks in its study at $159 billion, up 10 percentfrom the year before, led by a 21 percent jump in the core areaof fixed income, currencies and commodities (FICC).
Investment banks have put more emphasis on league tables inrecent years. Tougher regulation and slower markets have leftbanks jostling for market share and firms such as UBS and RBS exiting or shrinking unprofitable areas.
Coalition said JPMorgan was the top bank in FICC withrevenues of $14.4 billion, followed by Citi and Deutsche Bank.
Goldman topped equities rankings with $5.6 billion ofrevenue. JPMorgan and Morgan Stanley tied for secondplace.
Advisory and origination was led by JPMorgan, with revenuesof $5.2 billion, followed by BAML and Goldman, according toCoalition's estimates.
Coalition says its study is based on public information frombanks' results and benchmarked to a common standard to produce atop 10 league table.
Barclays (BARC)