Thursday, October 27, 2011

eNewsletter: Back-office jobs under threat in Singapore

eFC.com
Hiring and pay trends in banking, finance and securities 27 October 2011
TOP STORIES
Back-office jobs under threat at Singapore investment banks
We heard about redundancies in Hong Kong some time ago, but news of layoffs in Singapore's financial sector have only hit the headlines recently.
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SGX Q&A part II: The best interview questions test how "tough-guy" candidates react in ?touchy-feely? situations
What I look out for is how the candidate reacts when steered into something unexpectedly “touchy feely”. The tough guy/girl who hasn't reached a level of maturity, or has never played in a team, usually chokes when trying to discuss and articulate this.
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The Runaway MBA: Don't make my mistake - only apply to MBAs which will get you a finance job and won't turn you into a consultant
As much as I loved my classmates, my school was a parking garage for consultants and a feeder for would-be consultants. McKinsey, Bain, and BCG dominated my daily life in a way no firms should ever be allowed to. I had no interest in entering consulting and found myself attending boring consulting dinners simply to socialise.
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Private banks are still hiring, but private bankers are increasingly reluctant to move
Last month we told you to email us with questions for Daniel Jones, Randstad managing consultant, private banking, Singapore & Hong Kong. Today we publish his answers.
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Julius Baer-Macquarie marriage means more private banking hiring in Asia
Julius Baer has announced it will take over Macquarie's US$1bn private wealth business in Asia. Headhunters believe the union will herald more private banking hiring at Julius Baer.
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