As the dust settled from the financial crisis, two clear winners in the investment banking landscape emerged: Goldman Sachs and JPMorgan. Neither escaped some harm in the eye of the storm, but each demonstrated strong risk management and the ability to prosper through the darkest of markets.
They remain at the head of the pack, but they each face challenges. While Goldman defends its reputation and fights a fraud charge filed by the US's Securities and Exchange Commission, JPMorgan faces a resurgent industry.
