Corporate and Investment Banking in Asia

Though many American companies consider conducting financial operations in Asia due to generally lower expense ratios, businesses must still be aware of regional laws that vary greatly from country to country. Paying strict attention to investment banking is especially important, as domestic investors are the backbone of any company expanding abroad.

Recently, investment banks in several Asian countries have begun to pursue new deals with local authorities.

 

For example, Bloomberg reported investment banking fees in Vietnam may surge by at least 25 percent in 2012 as the government pushes a foreign business initiative designed to spark international interest. Vietnam is currently a hotspot for global equity, because although many countries in Asia experienced a decline in revenue in 2011, the country’s stock index shot up by around 29 percent. This is due to the state trying to limit government involvement in foreign investments.

“I am not pessimistic about the flows of capital to Asia,” said Dr. Ishrat Husain, according to Bernama.com. “The region is still the growth centre for the world and other banks will come in, replacing those who were pulling out.”

Dr. Husain was referring to European agencies that sometimes pull out of Asian operations, therein allowing domestic banks to flourish through vacant positions. Even if investment banks decided to leave Vietnam (which is currently not the case), it would pave the way for additional investments.

If you are an expert in corporate, investment or equity and are looking for career advancement, you should consider a move to an Asian country like Vietnam. At Kinney Recruiting, we can take care of all of your legal recruitment needs, including giving you access to positions in regional investment banks. Even if you are nervous about relocating to a foreign location, we can provide cultural and business tips to ensure that you start your new job in the best way possible.