![Red alert: City banks tumble down the rankings in 2019](https://s.wsj.net/public/resources/images/FN-AH469_FN_CIT_M_20190624083737.jpg)
US investment banks have moved up the rankings in the UK as most European banks continue to lose market share amid sliding revenues.
As Brexit has weighed on dealmaking in 2019, investment banking revenues in the UK have slipped by 36% on the same period last year, according to preliminary data for the first six months provided by Dealogic.