JPMorgan (NYSE:JPM) Tops Bank of America (NYSE:BAC), Goldman (NYSE:GS) in M&A Revenue

JPMorgan (NYSE:JPM) was the top generator of revenue in the M&A segment, beating out Bank of America (NYSE:BAC) and Goldman Sachs(NYSE:GS) for the top spot.

JPMorgan garnered a cool $5.2 billion in M&A in 2010, according to Dealogic’s 2010 preliminary investment banking rankings, to lead all financial institutions in that area.

The news wasn't all good for them though, as they experienced a 6 percent drop in revenue for 2010 from 2009, and a decline in market share from 9 percent to 7.8 percent.

Even so, JPMorgan was able to finish first for the second year in a row.

Bank of America, while finishing in second place, made a vast improvement over the year before, bringing in $4.6 billion in revenue, a 12 percent increase from 2009. Market share in the segment rose from 6.8 percent to 7 percent in 2010 for them.

Following Bank of America was Goldman Sachs, ending up in third place with $4 billion in investment banking revenue, a big 3 percent plunge from 2009's results.

As far as the amount of money involved in deals, Goldman was leader in the regard, advising on 330 deals worth $564 billion.

JPMorgan was trading at $42.23, up $1.23, or 3.00 percent, as of 1:22 PM EST. Bank of America was trading at $13.31, gaining $0.33, or 2.50 percent. Goldman Sachs was at $169.10, up $0.87, or 0.52 percent.