Citi Names Regaional Co-Heads of BCMA

Citi Posts Sturdy Institutional Enterprise Progress in Taiwan

Citi’s institutional enterprise in Taiwan noticed a big acceleration in 2021 with quite a few transactions throughout industries together with know-how, client, renewables, and monetary providers.

Citi’s Taiwanese institutional purchasers have been ramping up their efforts to benefit from the expansion setting in areas comparable to provide chain diversification.

Taiwan is house to many world-class corporations and we’re dedicated to supporting their ambitions, in keeping with an announcement citing Christie Chang, head of banking, capital markets, and advisory for Citi Taiwan and chair of APAC company banking.

Inside mergers and acquisitions, the American lender suggested on 5 Taiwan-related offers lately, together with three in 2021.

The offers this yr spanned throughout companies associated to semiconductor meeting and testing, renewable vitality and retail meals.

Citi has additionally supported billions of {dollars} in fundraising for Taiwan corporates throughout native and international capital markets.

Inside fairness capital markets, the financial institution supported fundraising that totaled almost $1.5 billion in 2021 throughout companies linked to monetary providers, semiconductors, and different electronics manufacturing. And inside debt capital markets, it helped increase $8 billion, additionally for manufacturing-related companies.

In response to Citi, a few of its largest progress inflows this yr originated from commerce corridors involving Taiwan with an almost 50 p.c improve in Taiwan-to-India flows and round a 20 p.c improve in Taiwan-to-ASEAN flows.

The financial institution has additionally noticed sturdy inbound flows into Taiwan, most notably from corporations in Australia, India and Japan.

There’s a large transformation taking place throughout all industries and with a world community this has helped sharpen Citi’s dialogue with purchasers in Taiwan as they more and more desire a regional and international perspective, Chang added.

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