From
the U.S. Census Website
Investment
Bank and Securities Dealing Receipts Up 25 Percent
Revenue in the investment banking and securities dealing industry
reached $158.9 billion in 2005, a 25 percent increase from $127.3
billion in 2004, according to a report released today by the
U.S. Census Bureau. This industry is rebounding from two years
of declining revenues in 2001 and 2002, and has now surpassed
the $145 billion in revenues reached in 2000.
The report, 2005 Service Annual Survey (SAS): Securities, Commodity
Contracts, and Other Financial Investments Activities and Related
Activities, shows revenue for firms with paid employees.
Other 2004-2005 changes:
Commodity
contracts brokerage revenue rose from $3.3 billion to $3.9 billion,
an increase of 17 percent.
The
investment advice industry hiked revenues from $18.2 billion
to $22.2 billion, an increase of 22 percent.
Securities
brokerage revenue rose from $115.6 billion to $131.1 billion,
a 13 percent rise.
Revenue
of portfolio management firms increased from $80.9 billion to
$91 billion, a 12 percent gain.
