Citigroup Tops Asia Pacific Fixed Income Business, Survey Shows
- HSBC ranked second for 2019, and JPMorgan, Deutsche, UBS third
- Global banks focus on distressed bonds amid investor interest
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Citigroup Inc. is the top fixed income bank for Asia Pacific excluding Japan this year by market share, according to a Greenwich Associates survey of debt market professionals that focuses on the secondary market.
HSBC Holdings Plc ranked second and JPMorgan Chase & Co., Deutsche Bank AG and UBS Group AG tied at third in the region that includes Australia and New Zealand. The fixed income rankings include services related to credit, rates, Asia bonds denominated in dollars, euro and yen and developed market government bonds.