JP Morgan has earned more money from its European investment banking business over the last decade than any other bank, outstripping locally-based rivals such as Barclays Capital, Credit Suisse and UBS.

Since 2000 JP Morgan has been paid fees in Europe worth $13.2bn (€9.2bn), giving the US bank a 6.3% share of the region's total wallet, and putting it $85m ahead of second-placed Deutsche Bank, according to Dealogic.