Japan Young Bankers

Illustration: Yohey Horishita

The Big Take

Global Banks Scramble to Hire Top Talent in Booming Japan

In one of the world’s tightest labor markets, recruiters are cornering applicants in rooms for hours and wooing them with parties.

How hard is it to hire bankers in Japan?

A Wall Street firm cornered a job applicant in a room for two hours to persuade them to join. Some Japanese lenders are refusing to let staffers resign, and banks are holding parties for former employees to lure them back.