Daily Dispatches: China’s recruitment renaissance

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Boutique banks and Chinese banks are both being talked up as safe employment havens right now in the wake of bulge-bracket layoffs. But if you combined the two, you get real talent-pulling power. Case in point: China Renaissance Securities, a boutique mainland broker, has recently poached two senior bankers from foreign rivals. The firm has hired Jason Lam from Credit Suisse as head of equity capital markets, based in Hong Kong. It has also snapped up Charles Kim from Mirae Asset Securities as its US-based head of equities. Recruiters in Hong Kong remain sceptically about how long Chinese firms can maintain their recruitment clout; a market pickup may drive some bankers back to the international banks.

AXA expands in Asia (WSJ)

AXA's Asia chief executive Mike Bishop talks about why global insurance firms want to expand in Asia.

Admiring ECM (eFinancialCareers)

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Forex to the fore (The Standard)

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More jobs in Aus (Sydney Morning Herald)

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Banker battle (Straits Times)

A top Chinese banker said Beijing is "fully prepared" for a currency war as he urged the world to abide by a consensus reached by the G20 to avert confrontation.

Brickies and bosses (FT)

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