Which investment banks usually make the top five list of any ranking? JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citi and Bank of America Securities — all US banks. The last time UK and continental European investment banks had that sort of clout was in the run up to 2008.
But a lot has happened since the financial crisis, with banks across Europe, including the UK, having undergone profound restructuring. Some analysts believe that this has put them in a fundamentally stronger position to compete with their US peers compared to a decade ago.
