Investment bank ranking is a suitable way out for those looking for experts to handle their assets, manage their wealth and assist them in smoothly carrying out mergers and acquisitions (M&A). Credit rating companies rank investment banks on various parameters. Different awards also point towards investment bank ranking on the basis of their individual performance and effectiveness of methods to help general public in the previous financial year.
Performance of some of the Major Investment Bank:
The major parameter influencing investment bank ranking is the market penetration of a particular bank i.e. whether people prefer to bank with it and whether it has helped its clients to earn money according to their expectations. Ranking of banks based on some major parameters are mentioned below:
New Issues under $200 Million:
According to S&P and Moody's ratings Jefferies & Company, Inc. has investment bank ranking No. 1 in this category. It has managed 18 deals and the total worth of these deals is US $ 1,334 million. Deutsche Bank AG ranked 2nd and finalized 13 deals worth US$ 1,262 millions. UBS and Banc of America Securities LLC ranked 3rd and 4th according to the price of deals. This investment bank ranking excludes split-rated mortgage and asset-backed securities and the results are for 2004.
Middle-Market M&A Advisor:
Citigroup ranked first in this category of investment bank ranking as it finalized 136 deals. Houlihan Lokey Howard & Zukin ranked 2nd with124 deals. JP Morgan and Morgan Stanley captured the 3rd and 4th positions respectively. This ranking excludes tender offers, exchange offers, self-tenders, repurchases, remaining interests, and privatizations and includes transactions
where value is undisclosed and transactions that are completed. This investment bank ranking was awarded in 2005.
Bankruptcy League Tables:
Mesirow Financial ranked 1st in this category with 45 active cases. Houlihan Lokey Howard & Zukin ranked 2nd with 29 active cases. Giuliani Capital Advisors and Chanin Capital Advisors ranked 3rd and 4th respectively. The ranking methodology includes all debtor, creditor, and other assignments within active bankruptcy cases. This investment bank ranking was awarded in 2005.
Defense M&A Advisor:
Jefferies & Company, Inc. ranked number 1 in this category of investment bank ranking with 14 deals. The second position was shared by Wachovia Corporation and Needham & Company, Inc. as both of these firms have assisted in finalizing 3 deals. This includes all announced defense related deals for North America and Western Europe. The ranking was awarded on the basis of deals completed in 2004.
Energy M&A Advisor:
Jefferies & Company, Inc. ranked number 1 in this category also of investment bank ranking with 23 deals. Lehman Brothers successfully notched the 2nd rank with 9 deals. The third rank was shared by Petrie Parkman & Company and Goldman Sachs & Company. This ranking includes mergers and acquisitions involving U.S. Energy companies and the record is for the year of 2004
Technology M&A Advisor:
Jefferies & Company, Inc. secured the 1st rank with 46 deals. Morgan Stanley and Goldman Sachs & Company ranked 2nd with 40 deals. JP Morgan ranked third. The factors affecting this ranking excludes tender offers, exchange offers, self-tenders, repurchases, remaining interests, and
privatizations.
Investment Bank Ranking may be used for taking decisions while choosing the investment bank but excessive reliance may not be rational because these rankings depict overall performance and in some cases individual performance may be just the opposite