Despite suffering a series of exits from its US investment banking division, Barclays has climbed up the US league table rankings along with Deutsche Bank, in a rare show of strength from European banks in the region.

Barclays bank rose to fifth for overall investment banking fees in the US during the first half of this year, up from sixth in the same period last year, while Deutsche Bank rose to eighth from ninth, according to data from Dealogic. Within the top 10 rankings, Credit Suisse held steady at seventh.