Investment bank is different from normal bank because they provide multiple services like mergers and acquisitions, managing IPO of various companies, underwriting facilities and so on. Investment banks were considered to be very good and supreme as compared to commercial banks but in the year 2008 with the collapse of Lehman brother’s, a bank which was more than 100 year old. The outlook of the world towards investment banks changed completely and people thought that many investment banks will meet the same fate, however majority of the investment banks have survived that crisis. Given below are some of the top investment banks which are there in the world –
- JP Morgan
- Morgan Stanley
- Bank of America Merrill Lynch
- Goldman Sachs
- UBS
- CLSA
- Barclays Capital
- Citigroup
- Credit Suisse
- Deutsche Bank
- Blackstone Group
- Investec Bank
Apart from above there are many other investment banks which are operating and striving to achieve top position and be among the above group of banks.