This year's Fixed Income Research Poll sees Citigroup hold onto the top spot. The poll of 310 investors saw Citi score an aggregate of 696 votes, beating UBS with 579 votes. However, will this be Citi's last year on top A major change in the firm's strategy suggests that it could be tough for Ivan Lee and his team to fend off UBS next year.
In a bold response to spiraling regulatory costs, Citigroup has grasped the nettle and taken the decision to cease publishing credit research recommendations in Asia.
Citi has informed its Asian clients of the decision, and informed them that it will take effect...