Senior bankers quit for rivals as Asia talent fight intensifies

The job market heats up again on rising deal flow, people familiar with the matter said.

- Bloomberg [e-mail]

Asia-Pacific deal resurgence sparked poaching.

(BLOOMBERG)

Senior bankers in Asia are leaving for competitors at an intensifying pace as the job market heats up again on rising deal flow, people familiar with the matter said.

While post bonus job moves are common in banking, a resurgence in Asia-Pacific deals is sparking a fresh wave of poaching among the world's largest investment banks.

Departures and hiring had slowed in recent years as geopolitical tensions and weaker growth in major economies cooled opportunities.