Skip to content
Subscriber Only

Asia Banks Seeking Tech Hires Over 'Rock-Star' Bankers This Year

  • 40% of managers expect to increase IT jobs: Options Group
  • 18% intend to hire for investment banking, survey shows
University Students Takes Part In A Job Fair As Japan Releases 3Q Revised GDP Figure
Photographer: Noriko Hayashi/Bloomberg

Financial institutions in the Asia-Pacific region will be more inclined to hire technology specialists this year than investment bankers as they enhance product offerings and upgrade their systems, according to a survey by Options Group Inc.

Among regional financial-services managers, 40 percent say they expect to increase their headcount for information technology-related roles this year, according to a September-October survey conducted by the New York-based recruiter. By comparison, only 18 percent of the 380 managers surveyed intended to add jobs in investment banking, while 29 percent may do so in fixed income and equities sales and trading.