Citigroup to boost Japan investment banking team on deal boom
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Citigroup plans to expand its investment banking team in Japan by 30% by the first half of 2026 to capitalize on a boom in mergers and acquisitions. Japanese companies are increasingly open to deals due to corporate governance reforms. Citigroup's Japan investment banking business is expected to post its highest annual revenue since 2009. Other global firms like Goldman Sachs, Jefferies, and UBS are also strengthening their operations in Japan. The Bank of Japan's recent interest rate hike is not expected to slow deal activity.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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