European investment banking revenues failed to gain ground on the US last year following the credit crisis, despite hitting record levels and becoming a focus for Wall Street banks.
Investment banking revenue generated in North America, the worldâs biggest capital market, rose 8% from $36.7bn (â¬25bn) to $39.8bn last year, while European revenues rose 5% to $30.6bn, according to Dealogic, an investment banking data provider.
