KUALA LUMPUR: Asean's mergers and acquisitions (M&A) market has grown more than 30 per cent to US$140 billion this year, with Citi involved in nearly US$20 billion of deals as regional companies pursue expansion and financing opportunities.
Malaysia remains an important part of the bank's regional operations, with Citi supporting major corporate funding deals.
This includes Maybank's US$700 million and US$600 million investment-grade bond issuances and Yinson Group's US$1.458 billion senior secured notes for its Agogo floating production, storage and offloading (FPSO) project.
Citi said its investment banking revenue across Asean rose 35 per cent year-on-year in 2026, supported by a surge in artificial intelligence (AI)-related financing and increased dealmaking.
