LeTV hires top financial talent

Company's move highlights growing demand for jobs at Internet startups

Tech company LeTV Holdings Co Ltd recruited two former senior banking executives this week, highlighting a growing trend of top financial industry talent joining Chinese tech startups.

Wang Yongli, a former vice-president of Bank of China Ltd, has joined LeTV and will head its online financing service business, sources said on Tuesday. Wang was a top contender for the BOC chief's post until his abrupt resignation in 2014. LeTV refused to comment on the matter because the appointment is yet to be made public.