Corporate Debt Restructuring Masterclass

18 July 2022 (Mon), 5pm Singapore/HK time

Citi In Talks to Buy Deutsche Bank Mexico

Citi In Talks to Buy Deutsche Bank Mexico

Citigroup is considering a deal to buy Deutsche Bank’s Mexican banking arm, as per sources. Details on the expected deal size were not available. Citi is weighing to set up a new local unit in the country that can help it sidestep a lengthy approval process to...
Citigroup, Goldman, Morgan Stanley Report Drop in Profits

US Banks Face 75% Revenue Hit from IPO Drought

US investments banks are hit by an IPO slowdown as equity capital markets (ECM) revenues have been impacted. Big investment banks such as Goldman Sachs, Citigroup, BofA and Morgan Stanley have seen ECM fees sharply drop to $645mn vs. $5.3bn for the same period in...
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