Hot demand jacks up pay of S-E Asia's top investment bankers
Region enjoying deluge of capital raisings and M&A deals
[HONG KONG] A recruitment firm looking to track down Asia's most highly prized investment bankers would normally begin searching in their natural habitat - Hong Kong.
Now, a headhunter would more likely book a flight to Manila, home to one-man deal factory Lauro Baja of Swiss bank UBS.
Mr Baja is among Asia's highest-paid bankers with estimated income topping US$3 million, according to recruitment consultants and a former UBS colleague, and he personifies South-east Asia's emergence as a major new centre for deal-makers.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention