As 2011 draws to a close with European deleveraging and global job cuts high on the agenda, it is easy to overlook the enormous achievements made across the Asian capital markets over the past 12 months.
Asian investments are now as important a part of any global portfolio as they have ever been, confirming the global shift of capital from West to East is no short-term blip. Even in jittery markets, Asian sovereigns were able to capitalise on that trend to raise funding at far lower rates than many of their far higher-rated European peers...Read more
Citigroup has emerged from its own crisis a leaner institution and a more formidable competitor than ever. For transforming its platform, growing its share of Asia’s competitive capital markets, and standing by its clients in difficult markets, Citigroup is IFR Asia’s Bank of the Year.
