European financial companies are seeking growth in the U.S. while waiting for their own market to reform. But they have found their American assets hard to manage.

OWNER U.S. ASSETS STATE OF PLAY

DEUTSCHE BANK National Discount Sold NDB's online business Brokers to Ameritrade

ZURICH FINANCIAL Scudder Investments Seeking merger partner for Scudder after disappointing results

COMMERZBANK Montgomery Asset Wants to fold into stronger Management U.S. fund group after losses

DRESDNER BANK Wasserstein Perella Fired 250 U.S. investment bank employees; focusing on Europe

Data: Banks, analysts' reports, BusinessWeek

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