| 2005 Investment Banking League Table (Ranking of Volume of Activity) | ||||||||||
| Firm | Global Merger Volume | U.S. Investment Grade Debt | U.S. High Yield Debt | Global Equity Volume | Eurobond | Global Convertible Volume | Aggregate Rank | |||
| Citigroup | 2 | 1 | 3 | 1 | 2 | 2 | 1 | |||
| J.P. Morgan Chase | 3 | 2 | 2 | 6 | 7 | 1 | 2 | |||
| Goldman Sachs | 1 | 3 | 8 | 3 | 14 | 3 | 3 | |||
| Deutsche Bank | 6 | 9 | 5 | 8 | 1 | 6 | 4 | |||
| Morgan Stanley | 4 | 4 | 10 | 2 | 12 | 7 | 5 | |||
| Lehman Brothers | 8 | 7 | 6 | 9 | 11 | 4 | 6 | |||
| UBS | 7 | 14 | 9 | 4 | 10 | 5 | 7 | |||
| Merrill Lynch | 5 | 5 | 7 | 5 | 20 | 8 | 8 | |||
| Credit Suisse First Boston | 9 | 11 | 4 | 7 | 18 | 10 | 9 | |||
| Bear Stearns | 12 | 15 | 12 | -- | 16 | 10 | ||||
| ABN Amro | 12 | 14 | 14 | 11 | 6 | 12 | 10 | |||
| Dresdner Kleinwort Wasserstein | 16 | 31 | -- | -- | 17 | 11 | ||||
| Bank of America | 13 | 6 | 1 | 21 | 27 | 9 | 11 | |||
| BNP Paribas | 14 | 17 | 17 | 14 | 3 | 14 | 12 | |||
| HSBC | 19 | 8 | 19 | 13 | 9 | 19 | 13 | |||
| Societe Generale | 15 | 27 | -- | 16 | 5 | 23 | 14 | |||
| Barclays Capital Group | -- | 12 | -- | -- | 4 | 13 | 15 | |||
| CIBC Oppenheimer | -- | 15 | 13 | 20 | 17 | 16 | ||||
| Nomura | 15 | -- | -- | 10 | 24 | 11 | 17 | |||
| Jefferies | -- | -- | 13 | -- | -- | 33 | 18 | |||
| Daiwa | -- | -- | -- | 15 | -- | 25 | 19 | |||
| Wachovia | -- | 10 | 11 | -- | -- | 32 | 20 | |||
| Rothschild | 10 | -- | -- | -- | -- | -- | 21 | |||
| Lazard | 11 | -- | -- | -- | -- | -- | 22 | |||
| Greenhill & Co | 17 | -- | -- | -- | -- | -- | 23 | |||
| Houlihan Lokey | 18 | -- | -- | -- | -- | -- | 24 | |||
| Royal Bank of Scotland | -- | 16 | -- | -- | -- | -- | 25 | |||
| Macquarie Group | -- | -- | -- | 17 | -- | -- | 26 | |||