Citi is expecting a continued active second half for Korea investment banking transaction flow, with key financings across debt and equity capital markets expected to lead to a record year for capital markets issuance from the country.

Citigroup Global Markets Korea (CGMK), Citi's investment banking franchise in Korea, which currently ranks number one in the Dealogic Korea Investment Banking Wallet League table with a market share of 16%, has a strong and long pipeline.

It also expects continued M&A activity both inbound and outbound across sectors including tech, consumer and healthcare.

"Korea is one of Citi's key markets globally. It is home to a growing class of world class corporates and emerging champions who are increasingly using capital markets at competitive levels to fund growth ambitions. We also are seeing associated M&A as local corporates go global and increasingly lean into Citi's leading global network for key strategic financings and advisory work," said Jangho Park, chief executive officer of CGMK.

Citi's CV in 2026 includes a lead role on SK Hynix's $26.5 billion US IPO, marking the largest US IPO ever by a foreign issuer and the largest equity deal ever to emerge from an Asian market.

In the year to date, Citi has raised a total of $60 billion for Korean clients across global debt and equity markets.

This makes it a record year for CGMK, according to Dealogic data.

Re-disseminated by The Asian Banker