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Aidan
Kennedy is a partner in CTPartners Financial Services practice, based in
London.
Paul
Aldrich is based in Hong Kong. In this first part of a 2-part
podcast series, we ask them to evaluate how their respective regions have come
out of the recent economic turmoil, and their hiring outlook for next year.
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Highlights
0:00 Headlines aside, the M and A
situation in the UK is still down and uncertain.
1:40
The situation in Asia is more robust and there will be aggressive restructuring
and filling gaps. The difficulty is finding the right talent.
2:49 Which positions are going to be most in demand? In
Asia, there will continue to be an emphasis on people with relationships in the
right geography. In the UK and Europe, it will be more institution by
institution.
5:15 Boutique firms are going to be a
growth area in the near future. The opportunity is for those who have survived
and are looking to take immediate advantage of their situation.
6:41 Paul tells us why Asia is more likely to rebound than
the West. Generally people are looking forward to 2010.
8:40 There is less optimism in London, but there's a sense
that those who can invest now are in the best position to move quickly. There
is more talent available now than in a generation.