European investment banking revenues have slumped to a 14-year low, hitting the wallets of the biggest players in the wider Emea region – regardless of their league table rankings – with one exception: Barclays.

The UK bank hasn't had a dedicated head of investment banking since veteran Tom King left in March. A new chief executive of corporate and investment banking, ex-JP Morgan equities banker Tim Throsby, will inherit the business in the New Year.