Kaustubh Kulkarni, Citi’s Head of Investment Banking, Japan, Asia North & Australia, and Asia South. Photo courtesy of Citi
How would you describe the current investment banking landscape in Asia?
We are seeing strong activity across mergers and acquisitions (M&A), equity capital markets and debt capital markets. This week alone, for example, we have helped clients across the region raise more than US$3 billion from global capital markets.
The momentum that emerged in 2025 has continued into this year. Activity is broad-based, although M&A remains particularly robust. We are seeing transactions across sectors including consumer, healthcare, technology, media and telecommunications, as well as significant activity involving private equity sponsors on both the investment and exit sides.
One of our strengths is the ability to connect local companies with global pools of capital and international investors with opportunities across Asia.
