North American banks are gradually chipping away at Asia-Pacific's dominance

Global share of profits 2017

Asia-Pacific still accounts for the lion’s share of the banking sector's global profits, but over the past four years North America has chipped away at its dominance. With the US Federal Reserve on course to lift interest rates to 1.5% by the end of 2017, the trend looks set to continue into next year’s rankings. Other regions, however, are battling significant macro-economic headwinds, and with varying success.

For extended coverage of The Banker's Top 1000 World Banks 2017, click here 

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