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Asia is engine of growth

"Our business is up 47% globally year on year ," says Mike Brennan, global managing director of recruitment firm Alexander Mann Financial Markets. He adds: "The Asian business has grown fastest of all."

Brennan says hiring hotspots in Hong Kong and Singapore include investment banking, anything linked to derivatives - particularly equity derivatives, private banking and wealth management. "There's just a huge amount going on," he reflects.

Lehman Brothers and Bank of America are among the banks for which expansion in Asia is a strategic imperative.

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