PwC to hire 15,000 staff to meet growing demand

Slowing global growth is weighing heavily on prospects in the banking industry at the moment, even in Asia, but the outlook is evidently brighter for accounting firms.

To meet the scale of the opportunity, PricewaterhouseCoopers PwC is planning to more than double its workforce in China and Hong Kong during the next five years. The 15,000 hires will include both graduates and experienced professionals across all lines of the business, the global accounting firm said in a statement. It currently employs 14,000 people in Greater China and Singapore, including 620 partners.

PwC made the announcement in the same week that HSBC said it would...