NEW YORK, NY--(Marketwire - December 15, 2009) - In order to survive the past year's financial
upheaval, the world's biggest investment banking firms had to rely on the
leadership skills of their chief executives as they struggled to come to
terms with the redrawing of Wall Street's financial landscape. To help make
sense of the shifting landscape -- and to recognize those that didn't just
survive but thrived in it -- Institutional Investor introduces its first
ranking of the 25 most powerful people in the world of investment banking.
The list, compiled by Institutional Investor's editors, includes chief
executives, star traders and high-priced rainmakers, and ranges from New
York to London to Beijing. Subjective to be sure, the ranking highlights
some incontestable features about the industry during a time of historic
transformation.
JPMorgan Chase CEO Jamie Dimon leads the Power 25 for vaulting his
institution near the top of almost every global investment-banking ranking.
Second place goes to Goldman Sachs Group CEO Lloyd Blankfein, whose
rock-steady leadership helped his firm prosper during the financial crisis
(much to the chagrin of lawmakers). Taking third place in the ranking is
Deutsche Bank CEO Josef Ackermann, who directed the big German bank through
the worst global financial storm in 70 years.
Visit
www.iimagazine.com to see the complete list of the Power 25,
Institutional Investor's ranking of the most powerful and influential
people in the world of investment banking today.
The Power 25 ranking is one of six in-depth features in Institutional
Investor's special December 2009/January 2010 issue on the future of Wall
Street. The stories shed light on what the coming years could bring for
Wall Street, and for the companies, investors and other participants in the
global capital markets that depend on its services.
This week,
www.iimagazine.com will release each of the six articles on the
following days:
Tuesday, 15 December - Power 25 - Leaders in Finance
Wednesday, 16 December - Citadel's Banking Alternative
Thursday, 17 December - Goldman Strives To Stay On Top
Friday, 18 December - LSE's Xavier Rolet Fights Back
Saturday, 19 December - Barclays's Bob Diamond: Wall Street's Would-Be King
Monday, 21 December - R.I.P. Equities: 1982-2008
For more information, please contact Institutional Investor Executive
Editor Michael Peltz at 212-224-3152 or
mpeltz@iimagazine.com.
About Institutional Investor
Institutional Investor magazine's role as the preeminent source of
survey-based rankings has identified the top analysts covering equity
markets in Asia, Europe, Japan, Latin America and the U.S. for more than 30
years. The annual surveys provide access to leading investment
professionals across the globe, and capture the participation of over 90
percent of the world's largest equity investors. Institutional Investor has
broadened its expertise to be a key provider of investor relations
research, and through detailed reports, provides unrivaled independent
analysis based on the expert opinions of the international investment
community.
Contact Information: Contact:
Michael Peltz
Executive Editor
Institutional Investor
212-224-3152
mpeltz@iimagazine.com