Business Chief US+CAN Magazine June 2018 | Page 95

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JP MORGAN PRIVATE BANK –$ 47.3BN

www . jpmorgan . com JP Morgan is one of the largest investment banks in the world . In 2017 it reported a revenue of $ 99bn , of which its investment banking branch contributed $ 47.3bn , according to
Investopedia . Founded in New York City in 1871 , it now has reach in 60 countries across the world , with over 260,000 employees in total . It has a US Private Client AUM of $ 661bn and was afforded the top spot on the Guardian UK ’ s list of the top investment banking employers , according to students and graduates . It also places on Advisory ’ s top 11 investment banks list , with a score of 3 / 5 . and second on Forbes ’ ‘ Top Ten Investment Banks to Work For ’.

CITIGROUP –$ 84.02BN

www . citigroup . com / citi Citigroup is the investment branch of banking company Citibank . While Citibank dates back to 1812 , Citigroup has been around since 1998 , operating out of New York City . It has a revenue of $ 84.02bn , and a US Private Client AUM of $ 106.8bn , according to Investopedia . With 129,000 employees , it operates in around 160 countries under three subsets : Global Consumer Banking , which focuses on traditional banking services , Institutional Clients Group , which focuses on corporate , institutional , and investment banking , and its Corporate sector .

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TOP 10 Video : Citi : Girl Rising - Empowering Girls

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