Only Barclays has a significant market share in Africa by total assets, and most of that is accounted for by a single subsidiary. Other European banks still have an insignificant presence in one of the fastest-growing banking markets.

The desire of the US Federal Reserve to create more uniform supervision of foreign bank subsidiaries is understandable, but its proposals risk cutting across international efforts at regulatory coordination.

Banks specialising in consumer lending are earning impressive returns in Russia, but state and foreign-owned players still dominate the banking sector as a whole.

A series of mergers will change the shape of the Greek banking sector, with three dominant players pulling away from the pack.

Citi’s co-heads of banking in Europe, the Middle East and Africa explain how the depth of post-crisis transformation carried out under outgoing CEO Vikram Pandit has left the business in a strong position in the regions.

Cross-border universal banks will have to decide not only which countries and product segments to operate in, but also how to build the management structures to deliver the best return on capital under increased regulatory constraints.

Swap execution facilities are supposed to be central to the efforts of the Dodd-Frank Act to make the derivatives industry safer, but delayed rule-making has thrown their very existence into doubt.

Trading revenues at African banks outstrip the rest of the world as a proportion of total income, but North America remains the leader in fee and commission income.