JPMorgan's investment bank ranked top in Q1- survey

* JPMorgan investment bank revenue $5.9 bln in Q1 - survey

* JPMorgan ranked first in fixed income and equities

* Goldman Sachs (NYSE: GS-PB - news) , Bank of America (TLO: BAC.TI - news) top in advisory league table

LONDON, June 18 (Reuters) - JPMorgan Chase & Co (NYSE: JPM - news) was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey published on Wednesday.

In a repeat of the previous year's results, the U.S. bank came ahead of rivals Goldman Sachs, Deutsche Bank (Xetra: DBK.DE - news) , Bank of America Merrill Lynch and Citi , which all tied for second place, according to industry analytics firm Coalition.

Morgan Stanley (Berlin: DWD.BE - news) finished sixth, while Barclays (Berlin: BCY.BE - news) and Credit Suisse (NYSE: CS - news) came joint seventh.

Coalition, which only gives revenue figures for the top-ranked bank in categories including equities and advisory, said that JPMorgan's investment banking revenue in the first quarter fell by almost 15 percent from $6.9 billion in the same period last year.

Most investment banks have seen trading revenues slump over the past year amid a low interest rate environment and tougher regulations requiring them to hold more capital, which have driven down returns.

A number are reducing their operations and cutting jobs as a result. Barclays (LSE: BARC.L - news) said last month 7,000 jobs are to go at its investment bank and the head of investment banking at JPMorgan, Daniel Pinto, recently told Reuters that the bank would be "laser-focused" on cost cutting.

Coalition said turnover at JPMorgan's fixed income, commodities and currencies (FICC) division was $3.2 billion in the January to March period, down by more than a quarter from the previous year. The figure was enough to keep it in the top spot in Coalition's league table in FICC, alongside Deutsche Bank and Citi.

It also came joint first for equities revenues with fellow U.S. bank Morgan Stanley, earning $1.4 billion.

Goldman Sachs and Bank of America Merrill Lynch came out on top in advisory. The two earned around $1.5 billion for their work assisting companies with mergers and acquisitions and other transactions.

Coalition tracks the performance of Bank of America Merrill Lynch, Barclays, BNP Paribas (Milan: BNP.MI - news) , Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Morgan Stanley and UBS - the 10 largest investment banks globally.

Its rankings are based on public information such as banks' results and benchmarked to a common standard to produce a top 10 league table. (Reporting by Clare Hutchison; Editing by Greg Mahlich)