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Intra-Asia trade adds on muscle as US-Sino spat drags on

Citi sees double-digit intra-region revenue growth; other banks signal ambitions to capture more regional flows

Published Sun, Jun 30, 2019 · 09:50 PM

Singapore

THE chills arising from trade tensions between the US and China has pushed Asia closer, with recent data from banks showing signs of the region's huddle in terms of intra-regional trade and capital flows.

Citigroup told The Business Times that the bank's corporate lending unit is recording higher revenues along the bank's intra-Asia trade corridors.

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