As European investment banking continues to be bogged down by the global recession, with several banks planning to cut investment banking jobs and politicians preaching pay caps and extra taxes on executive bonuses, does this scaling back of investment banking activity in Europe represent an opportunity for American banks? In this video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss why some of the big American banks like Goldman Sachs (GS -0.54%) or Morgan Stanley (MS 0.05%), or even some of the smaller boutique investment banks like Lazard (LAZ) may have the opportunity in this economic climate to establish relationships with European clients, and gain market share across the pond.