Following its aggressive hiring within equity sales and research in the past 18 months, Samsung Securities International is now looking to boost its investment banking team in Asia by adding up to 20 corporate finance bankers. The new additions, which will be based in Hong Kong, Singapore and Shanghai, will add to the seven corporate finance bankers already on board, Paul Chong, the firm’s head of investment banking and principal investments, said yesterday.
Chong hopes to be able to hire the bulk of these bankers in the next few months after the payment of bonuses at most investment banks. The bonus round is typically followed by a period of musical chairs as bankers seek new...