Citigroup has entered a new phase of growth, with the bank jumping from 11th place for Emea investment banking revenues in the first half of 2012 to fourth in the same period this year, increasing its share of the regional wallet from 3.2% to 5%.

With IB revenues at Citi jumping 65% from $276m in 2012 to $456m this year, the bank has outstripped the rate of increase in total wallet of the top 10 banks in the region, for which revenues have gone up by just under 21%.