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Citi’s ASEAN investment banking revenue jumps 35%

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Citi Sees Record ASEAN
  • Citi in Singapore expects a record year for client activity in its ASEAN investment banking business.
  • Citi’s ASEAN investment-banking revenue rose 35% year-on-year, according to Dealogic data.
  • Year-to-date ASEAN M&A deal value reached US$140 billion, up more than 30% from the prior year.
  • Equity and debt capital-market issuances in ASEAN total over US$180 billion year-to-date.
  • Citi participated in nearly US$20 billion of ASEAN M&A transactions.
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