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Hiring activity in Asia is highest ever, says Pagoda

May 19, 2010  

From Leigh Powell

With nowhere else to look for growth, banks and funds are increasingly viewing Asia as a long-term play, with a subsequent leap in hiring levels. Andrew Britton of Pagoda Partners believes that the fervour has now surpassed that of 2006.

Hiring activity by financial institutions and corporates in Asia is at its hottest ever, with banks desperate to expand into the region to take advantage of its long-term growth dynamics, says one search firm in Singapore.

“In...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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