Monday's Headlines: Asset and Wealth Management Saw Hiring and Pay Gains in 2010

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Hiring in asset and wealth management rebounded in 2010, and compensation is showing gains [PE Hub]

Private equity firms KKR, Blackstone Group and Carlyle Group will lead the IPO market by unloading some their biggest leveraged buyouts. [Bloomberg]

Banks continue to invest in emerging markets and add headcount in China and India. [Financial News]

Legg Mason realigned its senior leadership structure and will focus on expansion in, among other things, global investment managers, mergers and acquisitions and business development. [Baltimore Sun]