Surge in leveraged finance hiring
The rapid growth of buyouts and leveraged buyouts in Asia is said to be provoking a hiring boom in the region's investment banks.
In the first six months of this year, the value of Asian buyouts more than tripled over the same period of 2005, according to Bloomberg data.
Most of the large investment banks and lenders are aggressively expanding their leveraged finance teams to tap into this opportunity, Finance Asia reports.
Merrill Lynch, for example, has hired Ajay Sawhney, as managing director and head of Asia Leveraged Finance Origination.
