Citigroup to Boost Japan Investment Banking Team on Deal Boom

Citigroup Inc. will further increase its investment banking team in Japan to capitalize on a record-breaking boom in mergers and acquisitions that it expects to reach new heights.

The US bank plans to expand the division about 30% by the first half of 2026, Japan Vice Chair Masuo Fukuda said in an interview, declining to give a headcount figure.

Masuo Fukuda

Source: Citigroup

Japanese companies have become more open to deals following corporate governance reforms that have made executives and directors more attuned to shareholders’ needs. Some firms are selling non-core assets while others are pursuing acquisitions to boost growth opportunities ...