Goldman Sachs has ascended to the top of a different kind of ranking — and it’s poised for a big payoff (GS)
|08/20/2017||Posted by BusinessMediaguide.Com under General World News||
Wall Street banks care a lot about how they stack up against their rivals. At the top of their earnings statements, they tout where they placed in each line of business, and those rankings appear in every pitch book they hand out.
These rankings typically measure fees for mergers and acquisitions advisory work, or equity and debt deal work. They sometimes measure market share in fixed income trading, or equities. First place is always keenly fought over.