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Perhaps chief among them is the country's retail banking system, which is effectively an oligopoly dominated by five national banks, including Toronto-Dominion.
Second, only the government will lend for long periods, and not to everyone.Tax and lendBrazil has a hybrid retail banking system, with state-controlled and private-sector banks competing directly.
The prime minister's commitment to bringing Post Office banking into the heart of communities, and to giving the Post Office a much greater role in the economy, is a brilliant and simple declaration that this government will protect the public realm, that community matters, that localism matters and that it wants to offer diversity within our astonishingly monolithic retail banking system.
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In its submission to the review it said: "The technology to develop this card would be costly and complicated, involving changes to be made throughout the payments system at all levels to retail banking systems and product offerings and to the government's Centrelink and payment administration systems.
Mrs. Coppola began her career at Citibank in 1970 as a clerk in the retail banking branch system, and her professional ascent had many of the characteristics of a Horatio Alger story.
Mr. Willumstad joined Chemical Bank, now part of J. P. Morgan Chase, as a systems analyst in 1967, and rose through the operations, retail banking and computer systems divisions.
"The whole question of whether they want to go out and buy retail bank branching systems is an open question at Citigroup.
About a quarter of its profits now come from retail banking.India's banking system is small but growing fast.
"People fall into thinking: 'If only we could make retail banking safe, the financial system will be safe,' and frankly I think that is nonsense," he said.
That would free up money for investments in the sorts of retail-banking systems that the banks desperately need if they are to compete internationally.
Société Générale and Crédit Agricole, however, have greater exposure to the Greek banking system because they each bought a retail banking subsidiary there during the boom years, when expansion was the trend.
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