How does Goldman Sachs compare to other investment banks in terms of size and revenue?

by augustus.ziemann , in category: Banking and Credit , a year ago

How does Goldman Sachs compare to other investment banks in terms of size and revenue?

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1 answer

by josie_rohan , a year ago

@augustus.ziemann 

As of 2021, Goldman Sachs is one of the largest investment banks in the world. However, it is important to note that rankings may vary slightly depending on different criteria such as revenue, assets under management, or market capitalization.


In terms of revenue, Goldman Sachs consistently ranks a**** the top investment banks globally. In 2020, it reported net revenues of $44.56 billion, placing it a**** the highest revenue-generating investment banks. However, its revenue can be compared with other major investment banks such as J.P. Morgan, Bank of America Merrill Lynch, and Morgan Stanley, which also generate significant revenue.


Regarding size, Goldman Sachs is considered one of the largest investment banks based on factors like total assets and market capitalization. In terms of total assets, it ranked 14th globally based on data available in 2020, indicating its significant size. It also has a substantial market capitalization, often fluctuating around hundreds of billions of dollars. Similar large investment banks like J.P. Morgan, Bank of America Merrill Lynch, and Morgan Stanley are considered comparable in terms of size.


It is crucial to remember that the rankings and comparisons may change over time due to various factors such as market conditions, mergers and acquisitions, and business strategies.