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...
But isn't jpm a market leader in many of these areas? Wouldnt they greatly skew these results? I would think baml would have a significant effect as well...
so why isn't baml or citi on any of these lists? Looks BS.
yeah, JPM, BAML and Citi aren't here. I am not sure how reliable this is.
Is BNP slowly becoming a BB?
BNP is one of the biggest banks in Europe,along with HSBC and Santander...
Some of these are way off, for FX Deutsche, Barcap, and UBS are top three and there is a large gap between them and everyone else. Goldman is definitely not top 3.
x
Since people care mostly about bonus, this kind of stuff isnt as relevant as people think. Compensation depends hugely on how much you add, if a bank sees huge amount of market share in terms of client flow, they will value your seat at a higher cost than a lower market share bank. Therefore you have differing profit targets.
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