IB H1 League Tables - US Banks Gaining Market Share

https://markets.ft.com/data/league-tables/tables-and-trends

Top 5 US banks at the top spots across products with incontestably 1/ JPM (+23% YoY) then 2/ GS (+25% YoY) 3/ BofA (+25% YoY) 4/ Citi (+32% YoY) and 5/ MS (+23% YoY)

Interesting to see that all US BBs have gained market shares as their growth is above average. But also interesting to note that despite the context IB fees are up +8% YoY with ECM and DCM booming activity more than compensating M&A (and Loans) fees decline.

M&A
1/ GS (-19% YoY)
2/ JPM (-6% YoY)
3/ MS (+3% YoY)
4/ Citi (+9% YoY)
5/ BofA (+8% YoY)
6/ Evercore (+32% YoY)
7/ Centerview (Flat)
8/ Lazard (-7% YoY)
9/ CS (-10% YoY)
10/ Barclays (-38% YoY)
Interesting to see that all banks are down except MS Citi BofA and Evercore, with an oustanding growth from Evercore. GS is sharply down but still n°1 and Barclays seems to have had an ugly H1. Overall fees to street are down 18%

ECM
1/ GS (+69% YoY)
2/ JPM (+44% YoY)
3/ MS (+38% YoY)
4/ BofA (+64% YoY)
5/ Citi (+55% YoY)
Everyone is sharply up and ECM activity has been booming (+35%). GS leading the way and strong growth for BofA and Citi

DCM
1/ JPM (+65% YoY)
2/ BofA (+45% YoY)
3/ Citi (+49% YoY)
4/ MS (+44% YoY)
5/ GS (+52% YoY)
Market size sharply up +30%. Balance Sheet Banks leading the way with an outstanding growth from JPM

Loans
1/ JPM (-13% YoY)
2/ BofA (-15% YoY)
3/ Citi (+7% YoY)
4/ GS (Flat)
5/ Mizuho (+9% YoY)
Fees to street are down 13%. Citi is up while JP and BofA are down YoY