Western banks lure top talent in Asia with big pay packages

03/29/2010 | Financial Times (tiered subscription model)

Rivalry among banks and a talent shortage are prompting European and U.S. banks to bolster compensation packages for top bankers in the Asian-Pacific region. "Compensation for top bankers in Asia is generally approaching 2007 levels and in some cases is exceeding it," said Philip Clayton of search firm Clayton Asia.

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