Citigroup revenue surges - News Summed Up

Citigroup revenue surges


Citigroup revenue surgesBloombergCitigroup Inc posted record client revenue in Taiwan last year, fueled by a surge in fundraising from technology companies despite intensifying competition from rival investment banks. Local chipmakers and hardware providers are aggressively tapping overseas markets as global demand for artificial intelligence (AI) components surges. Share sales by Taiwanese tech firms to foreign investors have jumped over the past two years. Citigroup has raised more than US$30 billion for Taiwanese clients since 2020 from global capital markets to support their growth. “Many companies are already pursuing overseas M&A [mergers and acquisitions] to strengthen their AI capabilities,” Citigroup Global Markets Taiwan Securities Co (花旗環球證券) chairman Laura Chen (陳詩韻) said in the same interview.


Source: Taipei Times January 21, 2026 17:13 UTC



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