JPMorgan tops investment banking revenue table, helped by M&A: survey

LONDON (Reuters) - JPMorgan <JPM.N> has topped investment bank league tables by revenue, with a surge in dealmaking helping it to pull in $18.2 billion in the year so far, a survey found on Wednesday.

JPMorgan's earnings gained 6.4 percent on the same period year before, when it earned $17.1 billion, according to Coalition's third-quarter Global League Table.

That meant the lender once again pipped Goldman Sachs <GS.N> to the top spot, the industry analytics firm found.

Deutsche Bank <DBKGn.DE> was the only European bank in the top five, at joint number three with Citi <C.N>. Morgan Stanley <MS.N> and Bank of America Merrill Lynch <BAC.N> both landed the fifth position.

Within investment banking, JPMorgan also led the rankings for fixed income currencies and commodities (FICC) and the investment banking division (IBD), earning $8.8 billion and $4.9 billion respectively. IBD includes M&A, as well as debt and equity capital markets.

Morgan Stanley took pole position for equities at $5.3 billion, followed by Goldman Sachs.

Banking revenues have been helped by a surge in corporate dealmaking, the survey said.

Worldwide levels of M&A reached an all-time high of $4.2 trillion last week, following the $160 billion tie-up between Pfizer <PFE.N> and Botox maker Allergan <AGN.N>. That broke the previous record of $4.1 trillion set before the crisis, according to Thomson Reuters data.

(Reporting By Freya Berry, editing by David Evans)