中金

CICC faces wave of key defections

China International Capital Corp is facing defections of key staff as two private equity firms – Kohlberg Kravis Roberts and TPG – prepare to take a stake in the investment bank.

At least 30 senior CICC employees have been approached in recent months about leaving to join foreign competitors, according to one person familiar with the matter.

Some have already jumped as competition for investment banking talent rises in China.

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