Citi launched a new division at the end of last year to combine prime finance, futures and clearing, custody, and fund services. Its global head, Okan Pekin, discusses why the change will put Citi ahead of its rivals and how it will enable the bank to win more business from hedge funds.

Investment banks have experienced huge changes since the global financial crisis and are still struggling to adapt their business models. But while the industry might have to make do with much lower returns in future, it is far from being on its knees. 

Ecobank’s reputation took a battering last year as it became mired in a well-publicised corporate governance crisis. Its new chief executive, Albert Essien, has restored some calm, and he tells Paul Wallace how he hopes to make the kind of returns that will entice more international investors to buy its stock.

Rwanda’s macroeconomic performance over the past decade has been impressive, and the central bank governor says that developing the country’s bond markets is crucial to ensuring that remains the case.

Although Oppenheimer Europe has grown its business substantially in the past five years, its chief executive, Max Lami, says the investment bank still wants to bulk up further in fixed income and mergers and acquisitions.