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&lt;p&gt;The New York Academy of Sciences, located in downtown Manhattan on the 40th floor of 7 World Trade Center, served as the stage for the unveiling of the results of Vault&#39;s latest banking survey on Wednesday. &lt;/p&gt;&lt;p&gt;Vault CEO Erik Sorenson announced the ranking results, noting that the industry&amp;nbsp;&quot;has undergone profound transformation&quot; within the past year.&amp;nbsp;&amp;nbsp;As far as the new rankings, he said,&amp;nbsp;&quot;the once-mighty have vanished&quot; and mid-sized and smaller banks have shuffled themselves amongst the list--and some top names are notably absent this year.&amp;nbsp; &lt;/p&gt;&lt;p&gt;The top five banks are as follows: Goldman Sachs, The Blackstone Group, Morgan Stanley, J.P. Morgan Investment Bank and Lazard.&amp;nbsp; Most notable were the absences: Lehman, which came in at No.4 last year, and Merrill Lynch, which ranked at No. 6 in 2008, are both gone.&amp;nbsp;Meanwhile, Centerview Partners took the top spot as the best place to work and Houlihan Lokey took the top spot for business outlook.&amp;nbsp; &lt;br&gt;&lt;br&gt;But the main questions that remain are: where&#39;s the money? And where are the opportunities going to be? Stay tuned for part two, when we get our panel&#39;s thoughts on these questions....&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;em&gt;--Posted by Stephanie R. Myers, Vault Staff Writer&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;

Derek Loosvelt

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