Hong Kong-based China Citic Bank International is preparing to launch an aggressive expansion of its investment banking operations as global investment banks are pulling back from the region.
The bank plans to build a mergers and acquisitions advisory team and an equity capital markets business in Hong Kong, people close to the matter said, following its work on ChemChina’s $44bn acquisition of Swiss agribusiness Syngenta in which the bank was lead arranger on a $12.7bn syndicated loan.
The move comes during a slowdown in global markets that has pushed US and European investment banks to cut back on their dealmaking positions in Asia.
您已閱讀29%(640字),剩余71%(1531字)包含更多重要信息,訂閱以繼續探索完整內容,并享受更多專屬服務。