Sector: Capital markets

ECM picks up again, but talent is scarce

ECM recruitment has been picking up in Tokyo. Question is: will it stay that way? Warwick Pearmund, a consultant at Slate Consulting, says although ECM “got hammered” in the downtown, firms are now in a position where they need (and are looking) to hire again. Dan Weston, an investment banking specialist at t2 Tokyo, says [...]

By Rob Goss, August 20 2010 • 0 Comments

Lehman and Bear to draw blood in Asia?

Will the crisis at Bear Stearns, and Lehman’s plan to axe 5% of its global workforce, mean heads will roll in Asia? Lehman is making no formal comment on the plans but it’s understood that while cuts will be made across all businesses in all regions, the majority of the redundancies will bite in the [...]

By Sarah Butcher, March 17 2008 • 0 Comments

Redundancies big in Japan

Western banks have been taking the axe to their teams in Japan, and there is little sign that the blood-letting will end any time soon. Much as in Europe and the US, fixed income positions have been taking a battering in Japan, point out recruiters. “Morgan Stanley and Merrill Lynch have both made a lot [...]

By Nic Paton, March 10 2008 • 0 Comments