Allen & Company LLC · New York, NY United States
Competitive Landscape
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer transactions require firms with substantial financial resources. Small investment banks can compete by participating in syndications and operating in regional markets or specialized industries. Although labor-intensive, the industry produces very high value: average annual revenue per employee at large firms is under $1 million. The global financial crisis of 2008-2009 dramatically altered the landscape of the investment banking industry. Morgan Stanley and Goldman Sachs, the only large firms still intact, have changed their status from investment banks to bank-holding companies. Both firms still engage primarily in investment banking, but former industry leaders such as Bear Stearns, Merrill Lynch, and Lehman Brothers have either been acquired or have filed for bankruptcy protection. The demise of these firms and the late 2000s recession have likely ushered in a new era in which the creation of innovative but risky financial instruments will be replaced by more traditional banking services. The new environment also means more industry oversight by the federal government, which had to step in and bail out dozens of financial services firms with billions of dollars of taxpayers' money. To read the full description, subscribe now.
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Top Allen & Company LLC Competitors
| Companies | Location |
| The Goldman Sachs Group, Inc. | New York, NY |
| Jefferies Broadview | New York, NY |
| Lazard Ltd | Hamilton, Bermuda |
Who are Allen & Company LLC's Competitors?
From refining your strategy to uncovering new opportunities, solid information about a company’s competitors can be critical. Hoover’s subscribers have access to a complete analysis of Allen & Company LLC's main competitors with details in key categories.
 Call Now at 866-464-3202 or Click here for a Free Hoover's Trial! |
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| Competitor on file | New York, NY |
| Competitor on file | New York, NY |
| Competitor on file | New York, NY |
| Competitor on file | New York, NY |
| Competitor on file | San Francisco, CA |
| Competitor on file | New York, NY |
| Competitor on file | New York, NY |
| Competitor on file | Chicago, IL |
Industries Where Allen & Company LLC Competes
- Middle-Market Investment Banking
- Financial Services
- Investment Banking
First Research Industry Information
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