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| Annoying approvals, bad bonuses and internal opportunities: A review of the Singapore job market in 2011 |
| Here's our look at the year that was in Singapore – from the rise of lower-cost cities challenging the city state's IT-hub status, to the decline of bonus pools. |
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| Morgan Stanley slashes 80 Singapore support staff and offers transfers to India and Hungary. Other banks have back-office relocation on their radars |
| In one of the most sizable redeployments this year, Morgan Stanley is shifting 80 back-office roles out of Singapore, with employees given the chance to move to India and Hungary, according to sources quoted in The Wall Street Journal. The news provides a high-profile illustration of a general trend: Singapore – aided by an appreciating currency – is becoming more expensive just at the time when Western banks are urgently looking to cut costs and improve efficiency. |
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| Guest Comment: Private banks are making hiring mistakes by not testing the strength of client relationships - here are seven questions they should be asking |
| Many private banks in Asia are now questioning the quality of some of their new recruits. Cost-income ratios have risen rapidly, while AUM and revenue targets haven't always been hit. |
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| Foreign insurers in China expect headcount growth but face plenty of challenges |
| Foreign insurance firms in China still plan to increase their collective headcount by 2014, according to a recent report by PricewaterhouseCoopers. This comes despite their stagnating market share and changes in the shareholdings of insurance joint ventures. |
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