In Europe, the Middle East and Africa (EMEA), Citi maintains a physical presence in 54 countries and does business in 62 more. Clients across EMEA choose Citi for our global footprint, market position, in-country relationships and full range of solutions through our extensive suite of products and services.
The region includes a diverse mix of developed and emerging markets, and Citi has a long and deep history in both. Citi sees the tremendous growth prospects for our business within the emerging markets, and we are committed to helping our clients improve their operations in these countries at every stage, whether they are just breaking into a new market, expanding their operations or consolidating a long-term presence.
Our Institutional Clients Group has one of the region's largest fixed income, currencies, commodities and equities sales and trading and derivative platforms, offering clients liquidity and hedging across the full range of products.
Citi banks more than 90 percent of FTSE 100 companies nearly 50 percent of which consider us to be their lead bank. Citi's Global Subsidiaries Group dedicated to addressing the local and regional needs of Citi's core multi-national clients from around the world has helped our bank build relationships with more than 8,000 subsidiaries of more than 1,500 parent companies in EMEA.
Our well-established and highly regarded Citi Transaction Services business facilitates commercial, financial and trade flows globally for our corporate, financial institution and public sector clients. Through its presence in 55 markets across EMEA, Citi Transaction Services supports 68 payment currencies, provides access to more than 5,000 correspondent networks in Africa alone and offers a direct custody and clearing network in 34 markets.
Citi Private Bank is a trusted advisor to the world's wealthiest, most influential individuals and families throughout EMEA, with $76 billion in regional client business volume. Our network of employees, including bankers and investment professionals across 11 offices, provides clients with the best opportunities available around the world and exceptional service uniquely tailored to clients' needs and aspirations.
Citi's retail customers choose us for the unrivalled access, control, convenience, security and rewards we provide throughout the world. In EMEA, we maintain nearly 267 branches, six investment centers and more than 1000 ATMs. We are also focused on new technology investments that will enhance sales capacity, improve the customer experience, and drive innovation via mobile and Internet banking.