The rising generation of Chinese fund managers are desperate to recruit offshore business development execs in Hong Kong. But do they have realistic expectations?
Fund houses in Asia are cutting costs by trimming staff and reducing expenses, but the situation is far from dire at the moment.
Matching supply and demand remains the key challenge. Job seekers from the Lehman talent pool will also have to compete with US- and Europe-based Chinese who are returning to Asia.
Australia''s largest bank closes its institutional markets offices in Singapore, Korea and Malaysia, as well as its Tokyo-based securities company.
Asia Online cuts jobs, units to help move towards profits.