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Table showing Total GCIB Revenue Mix—GAAP Income Statement Line Item View YTD 3Q03 in millions:
| YTD 3Q03 | ||
---|---|---|---|
Commissions and Fees | $ | 1,385 | |
Asset Mgmt. & Admin. Fees | 1,621 | ||
Investment Banking | 2,555 | ||
Principal Transactions | 3,093 | ||
Other | 736 | ||
Total Non-Interest Income | 9,390 | ||
Net Interest Dividends | 5,873 | ||
Total Revenues, | |||
Net of Interest Expense | $ | 15,263 |
Table showing Total Product View—YTD 3Q03 in millions
| YTD 3Q03 | ||
---|---|---|---|
Investment Banking | $ | 1,579 | |
Equities | 1,957 | ||
Fixed Income* | 8,436 | ||
Transaction Services | 2,714 | ||
Other | 577 | ||
Total Revenues, | |||
Net of Interest Expense | $ | 15,263 |
- *
- includes foreign exchange and emerging markets sales and trading
Global Investment Banking Customer View:
Chart showing Corporate Customer Revenues which includes relationship managed corporate customer revenues across all products and regions, not just those limited to the investment banking revenue line item—in billions
1999 | $ | 7.3 | |
2000 | $ | 9.7 | |
2001 | $ | 10.1 | |
2002 | $ | 10.4 | |
YTD3Q03 | $ | 8.3 |
Chart showing $8.3 billion of revenue by Region YTD 3Q03:
North America | 40 | % | |
Europe | 34 | % | |
Asia | 11 | % | |
Latin America | 9 | % | |
Mexico | 3 | % | |
Japan | 3 | % |
Chart showing $8.3 billion of revenue by Product YTD 3Q03:
Debt | 27 | % | |
Cash and Trade | 20 | % | |
Loans | 15 | % | |
M&A/Advisory and Corporate Finance | 12 | % | |
Equity | 11 | % | |
FX | 8 | % | |
Security Services | 7 | % |
Global Equities:
Graph showing Global Equity Revenues in billions(1):
1999 | $ | 2.5 | |
2000 | $ | 3.8 | |
2001 | $ | 3.4 | |
2002 | $ | 2.9 | |
YTD3Q03 | $ | 2.0 |
- (1)
- Excludes revenues in 1999 and 2000 from global warrants business of $214 million, and $275 million, respectively.
Charts showing YTD 3Q03 global equities revenues of $2.3 billion, which includes $300 million of equity capital markets revenues:
By product: | | ||
---|---|---|---|
Cash and Programs | 44 | % | |
Equity Capital Markets | 31 | % | |
Derivatives & Convertibles | 25 | % |
By region: | | ||
---|---|---|---|
US | 56 | % | |
Europe | 23 | % | |
Asia | 11 | % | |
Japan | 10 | % |
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Global Transaction Services:
Chart showing revenue for YTD3Q03 revenue breakdown:
By Product: | | ||
---|---|---|---|
Cash | 57 | % | |
Securities | 26 | % | |
Trade | 17 | % | |
$2.7B | |||
By Securities Products: | |||
Direct Custody & Clearing | 42 | % | |
Global Custody/Fund Admin. | 35 | % | |
Agency & Trust | 13 | % | |
Securities Finance | 5 | % | |
Depositary Receipts | 5 | % | |
$0.7B | |||
By Cash Products: | |||
Account Services | 29 | % | |
Other Cash | 23 | % | |
Investments | 11 | % | |
Clearing | 10 | % | |
Local Disbursments | 10 | % | |
WorldLink | 6 | % | |
Commercial Cards | 6 | % | |
Local Collections | 5 | % | |
$1.5B | |||
By Trade Products: | |||
Trade Finance (excl. Insurance LCs) | 51 | % | |
Trade Services | 36 | % | |
Insurance LC's | 7 | % | |
Trade/Other | 6 | % | |
$0.5B |
By region YTD3Q03: | | | |||
---|---|---|---|---|---|
EMEA | Revenue $1,033MM | 38 | % | ||
North America | Revenue $601MM | 22 | % | ||
Asia | Revenue $585MM | 22 | % | ||
Latin America | Revenue $389MM | 14 | % | ||
Mexico | Revenue $106MM | 4 | % | ||
Global Total | Revenue $2,714 MM |
Graph Showing Global Fixed income revenues in billions:
1999 | $ | 6.4 | |
2000 | $ | 6.5 | |
2001 | $ | 9.0 | |
2002 | $ | 9.7 | |
YTD3Q03 | $ | 8.4 |
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Chart By Product YTD 3Q03 Total Revenues $8.4 Billion:
Interest Rate Trading | 25 | % | |
Credit Markets | 21 | % | |
Derivatives | 20 | % | |
FX | 14 | % | |
Securitized Markets | 9 | % | |
Munis | 5 | % | |
All Other | 6 | % | |
Chart By Region: | |||
---|---|---|---|
US | 51 | % | |
EMEA | 24 | % | |
Latin America | 11 | % | |
Asia | 10 | % | |
Japan | 4 | % |
Graph Showing Emerging Market Sales and Trading Revenues* which are included in fixed income total in billions:
1995 | $ | .8 | |
1996 | $ | 1.1 | |
1997 | $ | 1.1 | |
1998 | $ | 1.3 | |
1999 | $ | 1.6 | |
2000 | $ | 1.7 | |
2001 | $ | 2.3 | |
2002 | $ | 2.8 | |
YTD3Q03 | $ | 2.0 |
- *
- includes Mexico
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