List of investment banks

The following is a list of investment banks

Financial conglomerates

Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. Such combinations were common in Germany but illegal in the United States prior to passage of the Gramm-Leach-Bliley Act of 1999. The name of the bank's investment-bank affiliate is in parentheses where applicable.

*ABN Amro
*Commerzbank (Dresdner Kleinwort)
*Banco Santander (Santander Global Banking & Markets)
*Bank of America (Banc of America Securities)
*BNP Paribas
*Bank of Montreal (BMO Capital Markets)
*Barclays (Barclays Capital)
*BBH (Brown Brothers Harriman)
*Calyon
*CIBC (CIBC World Markets)
*Citigroup
*Credit Suisse
*Daiwa Securities
*Deutsche Bank
*Eurohypo
*Fortis Bank
*Goldman Sachs
*HSBC (HSBC Global Banking and Markets)
*ING Group
*JPMorgan Chase (JPMorgan Securities, Inc.)
*Kaupthing Bank
*KBC Bank (KBC Financial Products)
*KeyCorp (KeyBanc Capital Markets)
*Kotak Mahindra Bank (Kotak Mahindra Investment Banking)
*Landsbanki
* Lehman Brothers [Continues to operate as an investment banking firm. Filed for bankruptcy on September 15th, 2008]
*Lloyds TSB Group Plc (Wholesale and International Banking)
*Macquarie Bank
*Mizuho Financial Group (Mizuho Corporate Bank)
*Monte dei Paschi di Siena (MPS Finance)
*Morgan Stanley
*National Australia Bank (nabCapital)
*Natixis
*Nomura Securities Co., Ltd. (Nomura Securities Co.)
*Rabobank
*Royal Bank of Scotland Group (RBS Global Banking & Markets)
*Royal Bank of Canada (RBC Capital Markets)
*Scotiabank (Scotia Capital)
*Société Générale (SG CIB)
*Standard Chartered Bank
*State Street Global Advisors
*Toronto-Dominion Bank (TD Securities)
*UBS AG
*Unicredit (Unicredit Group)
*Wachovia (Wachovia Securities)
*Wells Fargo (Wells Fargo Securities)

Independent Investment Banks

M&A advisors and underwriters of securities that are not affiliated with commercial banks:

*Berkery Noyes
*Blackmont Capital Inc.
*Blackstone Group
*BlackRock
*Blaige & Company
*BOC International Holdings Limited
*Boenning & Scattergood
*Broadpoint Capital
*Bryan, Garnier & Co
*Canaccord Adams
*CB Capital Partners
*Close Brothers Group
*CLSA
*Collins Stewart
*Cowen Group, Inc.
*Dawson James Securities
*Downer & Company
*Dresner Partners
*Eaton Vance Corp.
*Europa partners
*Edward Jones Investments
*FALCOM Financial Services
*Evercore Partners
*Federated Investors Inc.
*Ferris, Baker Watts Inc.
*Fidelity Investments
*Financo, Inc.
*Freeman & Co. LLC
*Friedman Billings Ramsey
*Gabelli
*Gemini Partners
*Genuity Capital Markets
*Greenhill & Co.
*Greif & Co.
*Harris Williams & Company
*Hilco Corporate Finance, LLC
*Houlihan Lokey Howard & Zukin
*Hovde
*IL&FS Ltd. (Mumbai)
*Indigo Capital Holding Inc. (New York)
*Intellian Capital Advisors, LLC
*Investec
*Janus Capital Group
*Jesup & Lamont
*JMP Securities
*Janney Montgomery Scott
*Jefferies & Co.
*Jordan, Knauff & Company
*Keefe, Bruyette & Woods
*KPMG Corporate Finance LLC
*Ladenburg Thalmann
*Lazard (advisory firm since 2005)
*Lazard Capital Markets (spun off from Lazard 2005)
*Legg Mason
*Marathon Capital, LLC
*Matthews Asian Funds
*The McLean Group
*Mediobanca
*Merriman Curhan Ford
*Midtown Partners
*Miller Buckfire
*Moelis & Company
*Morgan Keegan & Company, Inc.
*Oppenheimer & Co.
*Pacific Growth Equities, LLC
*Perella Weinberg Partners
*Piper Jaffray
*Pharus Advisors
*Provident Healthcare Partners, LLC
*Raymond James
*Remington Financial Group
*Revolution Partners
*RHB Investment Bank Berhad
*Robert W. Baird & Company
*Roth Capital Partners, LLC
*RSM Equico (affiliated with RSM McGladrey)
*N M Rothschild & Sons
*Sagent Advisors
*Salman Partners Inc.
*Sandler O'Neill + Partners
*Scott-Macon Ltd.
*Sonenshine Partners
*Stanford Group Company
*Stephens Inc.
*Stifel Nicolaus
*Sucsy, Fischer & Company
*The DAK Group, Ltd.
*ThinkEquity Partners, LLC
*Thomas Weisel Partners
*T. Rowe Price
*The Potomac Company
*The Vanguard Group
*Transparent Value
*William Blair & Company
*Woori Investment & Securities
*WR Hambrecht + Co
*Wyatt Matas & Associates, LLC
*Global Financial Services Co.,Ltd.

Other capital markets firms

Broker-dealers and miscellaneous.

*Aforge Finance
*Allen & Company
*AllianceBernstein
*Ambrian
*Avista Partners
*Babcock & Brown
*Banca Leonardo
*Blackmont Capital Inc.
*Brown Brothers Harriman
*Brown, Shipley & Co.
*Cantor Fitzgerald
*Capstone Partners, LLC
*Carnegie, Wylie & Company
*Cazenove
*Corporate Finance Associates
*Chardan Capital Markets, LLC
*D.A. Davidson & Co.
*DAK Capital, LLC
*Deal Strategy
*Defoe Capital
*Exane
*Fox-Pitt, Kelton
*Grace Matthews
*Imperial Capital, LLC
*Investment Technology Group
*Kerr Financial Corporation
*Messier Partner
*Montgomery & Co.
*Neuberger Berman, LLC
*Newedge
*NIBC
*Old Park Lane Capital plc
*Pacific Road Corporate Finance
*Park Lane - Investment Banking Services
*Peter J. Solomon Company
*Rutberg & Co.
*Sagacious Financial Services Ltd.
*Saxo Bank
*Sheshunoff Management Services, LP
*SVB Alliant
*TSG Partners, LLC

Former investment banks

* Alex. Brown & Sons - "ultimately part of Deutsche Bank, survives as minor business unit"
* Barings - "collapsed 1995; assets acquired by ING Bank"
* Bear Stearns - "collapsed 2008; assets acquired by JPMorgan Chase"
* A.G. Becker & Co., Inc. - acquired by Merrill Lynch in 1984
*A. G. Edwards acquried by Wachovia
* Blyth, Eastman, Dillon & Co
* C.E. Unterberg, Towbin - "acquired by Collins Stewart in 2007"
* Carl M. Loeb Rhodes and Company - "ultimately part of Citigroup"
* Commodities Corporation - "bought by Goldman Sachs"
* Dain Rauscher Wessels - "bought by Royal Bank of Canada in 2000"
* Defoe Fournier & Cie. - "continues as private capital investor and handing investment banking operations to Defoe Capital"
* Dillon, Read & Company - "acquired by Swiss Bank Corporation, and is ultimately part of UBS AG"
* Donaldson, Lufkin & Jenrette - "acquired by Credit Suisse in 2001"
* Drexel Burnham Lambert - "liquidated 1990"
* E. F. Hutton & Co. - "acquired by Shearson Lehman American Express in 1988, ultimately part of Lehman Brothers"
* First Boston - "merged with Credit Suisse in 1988 to form CS First Boston, renamed Credit Suisse First Boston in 1996 and Credit Suisse in 2006"
* G. H. Walker & Co. - "acquired by White Weld & Co and ultimately part of Merrill Lynch"
* Gerard Klauer Mattison - "acquired by BMO Nesbitt Burns, subsequently renamed Harris Nesbitt"
* H. B. Hollins & Co.
* Halsey, Stuart & Co. - "ultimately part of Wachovia"
* Hambrecht & Quist - "acquired by Chase Manhattan Bank and ultimately part of JPMorgan Chase. H&Q name continues as investment advisor"
* Hambros Bank - "acquired by Societe Generale"
* J. & W. Seligman & Co. - "investment bank ultimately part of UBS AG; continues as asset manager"
* J.C. Bradford & Co. - "ultimately part of UBS AG"
* John Nuveen & Co. - "IBD acquired by Piper Jaffray in 1999; company continues as asset management house under NUVEEN"
* Kidder, Peabody & Co. - "acquired by General Electric Corporation in 1986, subsequently resold to PaineWebber in 1994 and ultimately part of UBS AG"
* Kleinwort Benson - "acquired by Dresdner Bank"
* Kuhn, Loeb & Co. - "ultimately part of Lehman Brothers"
* L.F. Rothschild - "ultimately part of C.E. Unterberg, Towbin, with parts sold to Oppenheimer""not to be confused with N.M. Rothschild, Rothschild Group; see Rothschild family"
* Lee, Higginson & Co. - "liquidated 1932"
* Merrill Lynch - "acquired by Bank of America in 2008 (pending regulatory and shareholder approval)"
* Montgomery Securities - "ultimately part of Bank of America"
* Morgan & Cie - "acquired by Morgan Stanley in 1967 and incorporated as Morgan et Compagnie International in Morgan Stanley International Incorporated in 1975"
* Morgan Grenfell - "acquired by Deutsche Bank in 1990"
* Morgan, Harjes & Co."renamed Morgan & Cie in 1926 and acquired by Morgan Stanley in 1926"
* Petrie Parkman & Co. - "acquired by Merrill Lynch in 2006"
* Prudential Securities - "acquired by Wachovia in 2003"
* Putnam Lovell - "ultimately part of National Bank Financial"
* Robert Fleming & Co. - "acquired by JPMorgan Chase"
* Robertson, Stephens - "acquired by Bank of America in 2002"
* Ryan Beck & Co. - "ultimately part of Stifel Financial Corp., parent company of Stifel Nicolaus"
* S. G. Warburg & Co - "ultimately part of UBS AG; not to be confused with M.M. Warburg or Warburg Pincus; see Warburg family"
* Salomon Brothers - "acquired by Travelers Group in 1997, ultimately part of Citigroup"
* Schroders - "investment bank bought by Citigroup; continues as asset manager"
* Soundview Technology Group - "ultimately part of Charles Schwab"
* Swiss Bank Corporation merged with Union Bank of Switzerland to form UBS AG
* Union Bank of Switzerland merged with Swiss Bank Corporation to form UBS AG
* Wasserstein Perella - "bought by Dresdner Bank"
* Wheat First - "ultimately part of Wachovia"
* White Weld & Co. - "bought by Merrill Lynch"
* WIT Capital - "bought by Charles Schwab"
* Wood Gundy Inc. - "acquired by the Canadian Imperial Bank of Commerce in 1987, operating as CIBC Wood Gundy before becoming CIBC World Markets in 1997"

Brokerages

* Dean Witter Reynolds (merged with Morgan Stanley to form Morgan Stanley Dean Witter, subsequently renamed Morgan Stanley)
* E. F. Hutton (brokerage assets were acquired by Citigroup)
* Paine Webber (acquired by UBS AG)
* Pinnacle Capital Markets

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