Citi makes three senior BCMA hires in Hong Kong and launches new wealth hub

The bank sees issuers across tech, consumer, healthcare and electric vehicle (EV) supply chain as likely to drive IPO activity in 2023.

Citi makes three senior BCMA hires in Hong Kong and launches new wealth hub

December 06, 2022

US-headquartered Citi last week announced three appointments within its banking, capital markets and advisory BCMA division, in Hong Kong. They each took effect from late November.

The bank expressed optimism for a revival of the city’s capital markets, which this year took a hit amid prolonged Covid-19 restrictions and dampened market sentiment.

“We have one of our strongest pipelines on record across the Hong Kong IPO market and remain confident for further IPO activity over coming quarters with a mix of issuers across tech, consumer, healthcare and electric vehicle EV supply chain. We also expect continued debt issuance from Hong Kong clients to support growth ambitions,”...

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