News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Investment Banking

Wall Street hits milestone in battle for European banking fees

Not one European name featured in Dealogic’s top-five ranking for Emea investment banking revenues in 2019

Wall Street hits milestone in battle for European banking fees
Photo: Alamy

US investment banks took the top five spots for revenues generated in Europe, the Middle East and Africa for the first time last year, as Wall Street strengthened its grip on the region.

According to data provider Dealogic’s full-year regional rankings for 2019, the five banks that generated the most fees from deal advice, underwriting and lending were JPMorgan ($1.5bn), Goldman Sachs ($1.3bn), Citigroup ($1bn), Bank of America ($948m) and Morgan Stanley ($848m).

WSJ Logo