Thursday, October 6, 2011

eNewsletter: The small, small size of Singapore

eFC.com
Hiring and pay trends in banking, finance and securities 06 October 2011
TOP STORIES
The Runaway MBA: Singapore is so small you can see everyone in your sector just by sitting in the same cafe every day
It was in the 6 Battery Road building where I discovered the true size of this city state. When several people that I had met earlier that morning seated themselves next to me in the lobby cafe, I realised that Singapore is not small in my industry. It is tiny.
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Yes, UBS private bankers are anxious in Asia. But no, they're not moving (not yet)
It's Asia largest player in wealth management and in the first half of 2011 took US$3.4bn of net new money in the region. With numbers like that behind it, are an alleged trading scandal and the resignation of a chief executive enough to dent the confidence of UBS private bankers in this part of the world?
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Bonuses, firing and hiring in Asian banking: Q&A with Hays chief executive Alistair Cox and general manager for Singapore Chris Mead
Q: We've seen the global cuts at some of the big banks and closer to home the announcement of 3,000 redundancies at HSBC Hong Kong. Do you foresee more cuts hitting banks in Asia?
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My Masters (blog 4): Some students are starting to worry as the job market worsens, but we must persevere, not panic
Two months into my Masters in Finance programme at London Business School (LBS), and we are talking more about careers and finance aspirations. These conversations come at a time when firms in the West are firing tens of thousands of people in a brutal reconfiguration of the global banking industry.
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Candidate Blog: Read this very carefully before deciding to work for a Chinese bank
Having worked in Chinese companies in Hong Kong for four years, I have faced some situations that made me ask: “What's wrong with this firm?”. For those of you who want to join a Chinese bank, please ask yourself: “Are you ready for the Chinese working culture?” Here are some examples, so you can see what I mean.
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