why-bankers-are-heading-east

Why bankers are heading East

An exodus of talent from banks in the US and Europe is benefiting financial institutions in Asia.

A year ago, FinanceAsia sat down with one of Hong Kong's top headhunters to get a feel for the market for financial jobs. The world was a very different place -- banks were still laying off staff en masse, deals had come to a complete standstill and markets had yet to bottom out.

Not surprisingly, it was a gloomy conversation. He foresaw a financial industry that would never be the same again an entire generation of bankers was going to be pushed out of the industry and many of the business units they worked in would disappear from ...

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