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Has Citi Made Right Choices in Asia? – Euromoney

Since Citi announced the sale of its consumer businesses across most of Asia, Euromoney has asked: if you think you can do better with the capital elsewhere, fine


Citi
Under Jane Fraser, Citigroup is exiting many consumer banking markets. Photo: Reuters

 

Since Citi announced the sale of its consumer businesses across most of Asia, Euromoney has held a consistent line: if you think you can do better with the capital elsewhere, fine, but we look forward to seeing it.

Is that now happening? In 2021, Citi saw a more than 70% increase in capital-market origination revenue from its client base in Asia-Pacific, as emerging corporates enter new markets and create global supply chains.

Read the full report: Euromoney

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.