[fnord123]

> The UK has lots of US investment banks doing very well in the UK but only one home-grown investment bank (and that one has been taken over by people from the US, and isn't doing very well).

Barclays, Lloyds, Rothschild, NatWest Markets (+HSBC which maybe isn't "home grown").

[hogFeast]

Barclays is largely US after the LEH acquisition, and is run terribly (and largely by Americans). Lloyds isn't an investment bank. Rothschild is a mid-market (and is actually a combination of British and French). Natwest Markets is part of RBS now, and RBS investment banking was shut down after the govt acquired most of the company in 2008.