Market Share (%) - Banks 2011

This is where you should be working, bank by bank, market by market

4 April 2011

Sarah Butcher

If you aspire to work for a bank that’s the global market leader in your product area, but for some reason are ignorant as to which bank that is, we have the answers.

Derived from figures from analysts at JPMorgan, who last week released a detailed analysis of each banks’ revenues, by product, for 2010 - plus projections for 2011 and 2012, here are the expected market leaders for 2011(excluding JPMorgan), plus their predicted direction of travel.

Advisory, predicted market shares 2011

Goldman Sachs: 28.6% (increasing)

Morgan Stanley: 19.3% (decreasing, slightly)

BarCap: 15.4% (decreasing)

Credit Suisse: 14.0% (decreasing)

UBS: 10.2% (erratic)

Deutsche: 9.4% (decreasing)

BNP Paribas: 2.2% (increasing very slowly)

SocGen: 0.9% (increasing very slowly)

Equity underwriting, predicted markets shares 2011

Goldman Sachs: 21.2% (erratic)

Morgan Stanley: 20.5% (decreasing)

UBS: 18% (increasing)

Deutsche: 12.6% (decreasing)

Credit Suisse: 12.4% (decreasing)

BarCap: 12.5% (decreasing)

BNP Paribas: 1.6% (increasing very slowly)

SocGen: 1.2% (erratic)

Debt underwriting, predicted markets shares 2011

Credit Suisse: 22.2% (stable)

Deutsche: 16.4%

Goldman Sachs: 13.9% (increasing)

BarCap: 13.1% (increasing)

Morgan Stanley: 15.5% (increasing)

BNP: 7.5% (erratic)

UBS: 7.8% (erratic)

SocGen: 3.6% (stable)

Fixed income, structured products group, predicted markets shares 2011

Credit Suisse: 35.4% (increasing)

Deutsche: 19.6%

Goldman Sachs: 14.5% (increasing)

BarCap: 11.7% (stable)

UBS: 6.6% (increasing)

BNP Paribas: 6.4% (decreasing)

Morgan Stanley: 3.7% (erratic)

SocGen: 2.2% (stable)

Credit trading, predicted markets shares 2011

Goldman Sachs: 29.4% (decreasing)

Deutsche: 23.5% (decreasing)

UBS: 18.8% (increasing)

BarCap: 12.0% (increasing)

Credit Suisse: 9.1% (decreasing)

Morgan Stanley: 2.7% (decreasing)

BNP: 2.3% (static)

SocGen: 1.3% (increasing)

FX, predicted markets shares 2011

Deutsche: 27.3% (falling)

Goldman Sachs: 16.2% (increasing)

UBS: 13.4% (increasing)

BNP: 11.8% (stable)

BarCap: 8.1% (increasing)

Morgan Stanley: 9.7% (increasing)

SocGen: 6.9% (stable)

Credit Suisse: 6.6% (decreasing)

Rates, predicted markets shares 2011

Goldman Sachs: 21.6% (falling)

BarCap: 20.9% (increasing)

Deutsche: 14.8% (falling)

BNP: 12.1% (falling)

Credit Suisse: 10.2% (falling/stable)

Morgan Stanley: 9.1% (erratic)

SocGen: 5.4% (erratic)

UBS: 4.2% (increasing)

GEM, predicted markets shares 2011

Barclays: 32.3% (erratic)

Deutsche: 22.4% (falling)

Credit Suisse: 15.0% (stable)

UBS: 9.1% (increasing)

Goldman Sachs: 8.4% (stable)

Morgan Stanley: 5.3% (stable)

BNP: 5.1% (erratic)

SocGen: 2.3% (stable)

Commodities, predicted markets shares 2011

Goldman Sachs: 44.5% (decreasing)

Morgan Stanley: 26.1% (stable)

BarCap: 10.2% (stable)

Deutsche: 10.3% (stable)

Credit Suisse: 2.8% (stable)

BNP Paribas: 2.6% (increasing)

UBS: 2.1% (increasing)

SocGen: 1.3% (increasing)

Equity derivatives, predicted markets shares 2011

Goldman Sachs: 20.5% (stable)

SocGen: 17.8% (stable)

BNP Paribas: 14.5% (increasing, slowly)

Credit Suisse: 11.7% (decreasing)

UBS: 10.2% (increasing, slowly)

Deutsche: 9.0% (stable)

BarCap: 8.2% (falling, slowly)

Morgan Stanley: 8.1% (stable)

Cash equities, predicted markets shares 2011

Goldman Sachs: 31% (falling)

Credit Suisse: 23.8% (stable)

UBS: 17.2% (increasing)

Morgan Stanley: 11.0% (increasing)

Deutsche: 10.5% (falling)

BarCap: 3.9% (increasing/stable)

SocGen: 1.9% (stable)

BNP Paribas: 0.7% (stable)

Prime broking, predicted markets shares 2011

Morgan Stanley: 21.6% (increasing)

Goldman Sachs: 20.7% (decreasing)

Credit Suisse: 18.5% (decreasing)

UBS: 14.0% (decreasing)

BarCap: 12.3% (increasing)

Deutsche: 10.9% (decreasing)

BNP Paribas: 2.0% (stable)

Health warning: Market share figures are relative to other banks listed. They don't include JPMorgan. Nor do they include BAML, RBS or Nomura. Credit portfolios for French banks include financing activities and aren't exactly the same as credit trading at US banks... The figures do, however, give a rough idea of where each bank listed stands relative to the others...