A small number of international banks now regularly compete for Euromoney's global awards. The margin between these same leading firms in any category is narrow. The pecking order shows minor adjustments this year, with universal banks Citigroup, JPMorgan and Deutsche doing well, while Goldman Sachs still hangs in. Simon Brady, Jonathan Brown, Chris Cockerill, Antony Currie, Anja Helk, Peter Lee, Julian Marshall, Jennifer Morris and Felix Salmon report
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Size proves crucially important in a tough year for North America.