Citi Taiwan was recently honored with several prestigious international awards, in recognition of its leadership position in corporate and investment banking in Taiwan. The bank received accolades from prominent financial media publications, including FinanceAsia, which named Citi Taiwan as the “Best International Bank” and the “Best International Investment Bank.” Additionally, Euromoney recognized Citi as the “Best Investment Bank” in Taiwan, while The Asset presented Citi with the Triple A award for “Best Subcustodian in Taiwan”.
Aftab Ahmed, Citi Country Officer, Taiwan, commented, “With a presence in over 90 markets and the ability to offer financial services in more than 180 markets worldwide, Citi leverages its extensive network to support clients with their global needs. Citi is committed to helping Taiwanese businesses access cross-border solutions and supporting their growth journey. We are honored to have received these awards and our goal remains being a trusted financial advisor to our clients.”
Euromoney highlighted Citi Taiwan’s leadership position in the league tables across all categories, an outcome of its longstanding client relationships in the market. Citi was involved in four equity capital market deals, totaling $1.7 billion. It served as the sole global coordinator on all three Taiwan global depositary receipt offerings in 2023, reinforcing its position as the preferred investment bank for Taiwanese companies raising capital internationally.
Photo courtesy of Citi Taiwan
To date, Citi Taiwan Investment Banking has facilitated over 10 major transactions this year, spanning mergers and acquisitions (M&A), equity capital markets (ECM), and debt capital markets. The bank has achieved the highest M&A and ECM market shares in Taiwan, positioning it as the leading investment bank in the market. Since 2020, Citi has raised over US$20 billion for local clients from global capital markets and advised on M&A transactions for Taiwanese companies, totaling over US$10 billion.
Citi Taiwan was named The Asset’s “Best Subcustodian in Taiwan” for the seventh consecutive year. In the custody business, Citi has the largest market share in Taiwan in terms of assets under custody for the sub-brokerage business and has extensive experience in securities and asset services. This year, Citi was proud to partner with the Taiwan Depository & Clearing Corporation to develop an automated custody platform.
As Citi celebrates its 60th anniversary in Taiwan in 2024, the bank has earned numerous international financial awards over the past six decades, demonstrating its commitment to the market. Some of the significant award wins include:
> The Asset Triple A “Best International Bank/ Best International Bank for Sustainable Finance” for 21 consecutive years
> The Asset Triple A “Best International Corporate and Institutional Adviser” for nine consecutive years
> The Asset Triple A “Best M&A Adviser” for seven consecutive years
> The Asset Triple A “Best Subcustodian in Taiwan” for seven consecutive years
> The Asset Triple A “Best Equity Adviser” for three consecutive years
> FinanceAsia “Best International Bank” for 27 times
> FinanceAsia “Best International Investment Bank” for five out of seven years
> Euromoney/ Asiamoney “Best International Investment Bank” for three consecutive years
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS