Top 25 Securities Firms


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Table 2.VIII
Top 25 Securities Firms
New York City
Company Name*		Total Consolidated Capital (million $)¹	Total Employees²
1	Morgan Stanley	110,793	53,218
2	Goldman, Sachs & Co.	105,780	22,425
3	Merrill Lynch & Co.	102,582	49,986
4	Credit Suisse First Boston	83,521	N/A
5	Citigroup Global Markets Holdings	76,464	28,000
6	Lehman Brothers Holdings	71,406	22,900
7	Bear, Stearns & Co.	46,069	12,000
8	UBS	16,122	16,000
9	Deutsche Bank Securities	7,783	N/A
10	Banc of America Securities	7,235	N/A
11	J.P. Morgan Securities	7,130	4,200
12	Shelby Cullom Davis & Co.	2,630	N/A
13	Jefferies Group	1,828	2,045
14	CIBC World Markets Corp	1,357	N/A
15	TD Securities	1,282	N/A
16	Barclays Capital	1,239	224
17	LaBranche & Co	1,192	N/A
18	Instinet Group	1,051	N/A
19	HSBC Securities	1,020	N/A
20	Nomura Holding America	991	900
21	E*Trade Brokerage Holdings	920	3,300
22	BNP Paribas Securities Corp	740	N/A
23	Bernard L. Madoff Investment Securities	529	300
24	KBC Financial Products USA	525	N/A
25	Robert W. Baird & Co	523	N/A

	¹ Data from Institutional Investor. "The Institutional Investor Capital Position Ranking." April 2005.
	² Data from D&B Million Dollar Database. May 2006.
	N/A - Data not available


	Source:
	Institutional Investor. "The Institutional Investor Capital Position Ranking." April 2005.
	D&B Million Dollar Database. May 2006.

Table 2.VIII