Financial Performance of Investment Banks: A Comparison
Ihsan Ilahi, Raja Ahmed Jamil, Sibtain Kazmi
Journal Title:JOURNAL OF MANAGEMENT INFO
Investment banks are the most important contributors in the economic development of a country. And they offer huge impact on capital and credit markets of the country. This study compared the financial performance of top ten investment banks on the basis of credit rating in 2014 for the period of 2009 to 2013. Financial ratios and financial measures were taken for the said purpose. Financial measures were based upon two indicators total asset and total equity. Financial ratios included return on assets ratio (ROA), return on Equity ratio (ROE), Admin Expenses to Profit before Tax Ratio, Cash and Cash Equivalent to Total Assets Ratio, and capital ratio. This study concluded that ranking of banks differs as the financial ratios change.