Hiring for Private Banking, the Rise of Chinese Banks

Chinese firm Citic Securities is taking over CLSA Asia-Pacific Markets, the brokerage unit of French bank Crédit Agricole. Citic wants to become a "world-class, China-focused, global investment bank" and is pursuing growth opportunities. Emerging markets are still a draw for both Chinese and Western firms; Goldman Sachs recently said it was still bullish on expanding in those regions.

Tools to get the job:

The Perfect Sales and Trading Resume

How to Apply for a Finance Job in Asia

The Top Eight Rules of Networking

Tip: Julius Baer's China Move

Western banks doing deals with China are hopping, too. Swiss private bank Julius Baer has crafted a new arrangement with the Bank of China that will afford it access to millions of millionaires. The Zurich bank opened an office in Shanghai last year and has been adding to its roster of client advisers over the past six years. It's also entered into local partnerships in markets like Indonesia.

Tools to get the job:

The Perfect Wealth Management Resume

Julius Baer Won't Lay Off

Seven Networking No-Nos

Tip: Asia Cools Off

OK, it's true: Big banks in Asia are laying off more people this year than they did last year. But it's not all bad. Cantor Fitzgerald plans to hire in Asia over the next three to five years as part of a global expansion initiative. The firm will hire 15 to 20 people to trade Japanese equities and will also look at joint ventures in China. Meanwhile, Russian investment bank VTB Capital is hiring in Shanghai and New Delhi.

Tools to get the job:

VTB Capital Ramping Up Hiring

Finding a Finance Job Abroad

Opportunities in Asia