Citi named best Southeast Asia financial advisorBy Doris C. Dumlao |Philippine Daily Inquirer
MANILA, Philippines—American banking giant Citi was named “best Southeast Asia financial advisor for 2012” by the FT’s Mergermarket Group.
The annual award is for advisory services to institutional clients covering mergers and acquisitions (M&A).
The winners were selected with data from Mergermarket Group’s M&A deal flow data, mandates and valuations intelligence provider. The data was then used to rank financial advisers according to announced deals during the covered period.
“The Southeast Asia region is home to a growing base of emerging corporate champions who want access to capital and advisory services to support their global ambitions. We have been in the middle of these trends supporting our clients in this region. This award is important recognition for the team and I would also like to thank our clients for the trust they place in Citi to provide them with market leading solutions to meet their evolving needs,” Citi chief executive officer for Southeast Asia Michael Zink said in a press statement.
Last year, Citi advised on close to $20 billion worth of M&A deals in the Southeast Asian region and helped clients raise over $25 billion from capital markets.