Merrill Lynch ranks No. 110 on FORTUNE's 2006 Global 500
(Fortune) -- Merrill Lynch (Charts) ranks no. 110 on FORTUNE's Global 500 this year, with $47.8 billion in revenues, up 47.2% from the previous year. The New York, New York-based company was ranked no. 151 on the 2005 list. Its 2005 profits were $5.1 billion, up 15.3% from a year earlier. 2005 was a banner year for most Global 500 companies. It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP. In the Securities industry, profits were up 23.6% from the previous year. The world's biggest companies in the sector are: Morgan Stanley (Charts), ranked no. 98 on the Global 500 with $52.5 billion in revenues; Goldman Sachs Group (Charts), ranked no. 124 on the Global 500 with $43.4 billion in revenues; Lehman Brothers Holdings (Charts), ranked no. 176 on the Global 500 with $32.4 billion in revenues; and Nomura Holdings (Charts), ranked no. 427 on the Global 500 with $15.8 billion in revenues. The Global 500 list is an annual ranking of the world's largest corporations by revenues. Next: Full list: 2006 Global 500 at //money.cnn.com/magazines/fortune/global500/2006/index.html Plus: See Merrill Lynch's Global 500 details, including financial stats and contact information. Next: See 2006 FORTUNE Global 500Europe's top 50 Asia's top 50 |
|