Bankers tossed out of jobs in last year’s emerging markets crisis should now be brushing off their CVs. Quietly and cautiously banks are rebuilding their emerging markets teams – primarily in Asian and Latin American equities – in the hope that this year’s momentum in the asset class will be sustained. ING Barings which was heavily criticized for radically downsizing a tip-top team is leading the way back.
According to investment bankers in Asia, ING Barings has been on the most aggressive hiring spree in the region.
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