Last week UBS hosted an open-house session for journalists during which Matthew Hanning, head of investment banking for Asia, rolled out some proprietary charts that backed up what we all intuitively think is true. Asia is where it’s at. Equities are key. And China is essential.
Sure, you knew that already but the data backing it up makes it easier to argue that you need more equities bankers in China, right now. And it goes a long way to explaining the tug-of-war over top talent in the industry.
Hanning started out with the obvious evidence for why we all want to be here now a chart of...