Chinese firms lead rush for foreign bankers

Chinese investment banks and brokerages are hunting for foreign talent amid a surge in outbound M&A opportunities.

Chinese firms lead rush for foreign bankers

Chinese investment banks, eager to expand their business interests offshore, are emerging as one of the biggest recruiters of senior talent from Western banks.

HSBC, having announced a hiring and pay freeze in late January, has already seen two of its senior investment bankers leave to join Chinese investment banks.

May Liang, a managing director of global banking at HSBC China, moved to China Merchants Securities HK as head of...

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