Chinese firms 'may trip up' in hiring spree

Earlier this year, the Hong Kong office of China Citic Securities, the mainland's top brokerage, snapped up nearly all the Hong Kong-based trading team of MF Global, at a time when the New York-based financial derivatives broker was in trouble in its home market.

Other big Chinese securities firms, such as Haitong Securities and BOC International, the investment banking arm of Bank of China, also have grabbed investment bankers, sales traders and research analysts from big Western names such as BNP Paribas and Bank of America-Merrill Lynch this year.

via Business feed http://www.scmp.com/business/china-business/article/1045406/chinese-firms-may-trip-hiring-spree