The Job Front: Hiring in Asia, Outlook Bleak for Newbie VCs?
By BankersBall on Oct 27, 2006 in Cube Life, Job Hunting, Tools
- Looking to move abroad? Citigroup and Credit Suisse are building out their prime brokerage services in Asia. (Bloomberg)
- Why not to take that job offer from that VC newbie. “The venture business is becoming more like the movie business where a small number of hits are generating the majority of the return,” George Zachary, partner at Charles River Ventures. (NYT)
- Another Asia opp? Star Warburg Pincus investment banker and India expert Pulak Prasad may start Singapore-based hedge fund.
- Is London the place to be? London’s financial landscape post “Big Bang” — entrepreneurial, international, vibrant. “The wave of entrepreneurial activity in the City also reflects a growing dissatisfaction with the culture of the big banks. For all their financial muscle and their willingness to pay their brightest employees enormous sums of money, these large institutions have also shown themselves to be impersonal and bureaucratic … Meanwhile, investment bankers who have joined advisory boutiques sell their services to prospective clients with the promise that they are unburdened by the conflicts of interest found in integrated houses.” (FT)
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