Fortune 500 rank: 24 (Previous rank: 41)
2006 Revenues (millions): $69,353
Headquarters: New York, NY
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The bank advanced 17 spots on the Fortune 500, and profits spiked 70% to $9.5 billion thanks to big increases in investment banking fees and trading revenue. In May, CEO Hank Paulson was tapped to become the U.S. Treasury Secretary. The firm's involvement in the Bank of China's IPO helped boost sales by 60% over last year.
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