As the title says, when will the European banks work their way to the top? Will it ever happen? European industry still relies mostly on American banks for cap raising. What can Europe do?
Since the crisis RBS is just fucked, still to this day it just hasn't rebounded to the level it was at.
UBS basically centres in PWM. Not great deal flow
BarCap is doing alright in terms of dealflow but no where near the American banks.
Deutsche is... well we all know what Deutsche is going through.
Compare this to JPM/GS/MS/Citi. European banks just don't stack up.
Will us European's forever live in the shadow lol.