In a year when bond offerings reached new heights, China embraced global markets and equity financings put India and Australia back on the world stage, one bank captured every trend. For its unrivalled breadth of expertise, Citigroup is IFR Asia’s Bank of the Year.
Against all expectations, 2014 proved to be a record-setting year for the Asian capital markets.
International bond sales soared over 30% in 2014, with more than US$200bn raised from Asia, excluding Japan and Australasia. One single PRC firm produced the world’s largest IPO on record, as well as Asia’s biggest US dollar bond, helping Chinese technology companies sell a record volume of shares in the US market. Dim Sum and Kangaroo bond issues each hit new highs, and the world’s two biggest international issues of Additional Tier...Read more