Hong Kong bankers who quit for easier lives are returning

Posted by PSR_AXP 38 days ago
Banks are luring experienced technology, media and telecoms (TMT) dealmakers back from corporates as the recent brain-drain is showing signs of reversing.
Not long ago, senior bankers were leaving to join technology start-ups with the promise of fewer hours, an ability to build a business and the prospect of a handsome pay-out in the event of an initial public offering. Now the tide is turning.
Banks are cutting jobs in their equity capital markets businesses but at a senior level the demand for mergers and acquisitions (M&A) dealmakers with expertise technology and healthcare has held up.

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