19. TD Securities
Total Fees: $ 460 Million
Rank in 2011: 15
Source: Bloomberg
18. Lazard
Total Fees: $ 510 million
Rank in 2011: 17
Source: Bloomberg
17. BMO Capital Markets
Total Fees: $ 510 million
Rank in 2011: 20
Source: Bloomberg
16. Royal Bank of Scotland Group
Total Fees: $ 570 million
Rank in 2011: 14
Source: Bloomberg
15. Rothschild
Total Fees: $ 620 million
Rank in 2011: 22
Source: Bloomberg
14. BNP Paribas
Total Fees: $ 690 million
Rank in 2011: 13
Source: Bloomberg
13. Nomura Holdings
Total Fees: $ 870 million
Rank in 2011: 11
Source: Bloomberg
12. Wells Fargo
Total Fees: $ 890 million
Rank in 2011: 16
Source: Bloomberg
11. RBC Capital Markets
Total Fees: $ 1.10 billion
Rank in 2011: 12
Source: Bloomberg
10. HSBC Holdings
Total Fees: $ 1.10 billion
Rank in 2011: 10
Source: Bloomberg
9. UBS
Total Fees: $ 1.97 billion
Rank in 2011: 9
Source: Bloomberg
8. Barclays Capital
Total Fees: $ 2.28 billion
Rank in 2011: 8
Source: Bloomberg
7. Credit Suisse Group
Total Fees: $ 2.34 billion
Rank in 2011: 6
Source: Bloomberg
6. Deutsche Bank
Total Fees: $ 2.6 billion
Rank in 2011: 5
Source: Bloomberg
5. Bank of America Merril Lynch
Total Fees: $ 3.16 billion
Rank in 2011: 4
Source: Bloomberg
4. Citigroup
Total Fees: $ 3.18 billion
Rank in 2011: 6
Source: Bloomberg
3. Morgan Stanley
Total Fees: $ 3.5 billion
Rank in 2011: 2
Source: Bloomberg
2. Goldman Sachs
Total Fees: $ 3.71 billion
Rank in 2011: 1
Source: Bloomberg
1. JPMorgan Chase
Total Fees: $ 3.97 billion
Rank in 2011: 3
JP Morgan Chase made a whole lot of money underwriting debt in 2012, making them the most-paid investment bank of the year. They've made the top of the list four times in the past five years.
Source: Bloomberg