Thursday, January 12, 2012

eNewsletter: Lay-offs loom large in Asia

eFC.com
Hiring and pay trends in banking, finance and securities 12 January 2012
TOP STORIES
Lay-offs loom large as the RBS axe arrives in Asia
With RBS set to lay off about 5,000 staff globally from its investment banking division, speculation is mounting that Asia will bear the brunt of the cuts.
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No more MDs please, say banks in Asia as BoA Merrill Lynch makes senior redundancies
In less frugal times other banks would be competing to hire the MDs that Merrill Lynch is reportedly making redundant in Asia, but rivals of the US firm are equally cost conscious and in no rush to recruit.
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How to ask for a pay rise when your bank has frozen hiring and is sacking your colleagues
With not as many external vacancies around as last year, you could be stuck in your current job and have to negotiate with your boss if you want a pay rise. Here's a guide to handling those awkward internal salary discussions.
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Here's how having a beer or cappuccino could help you nab your next banking job
You no doubt know the drill when it comes to formal interviews, but the line can get a little fuzzy when it comes to meeting prospective employers at a café or bar. With this in mind, we present a guide to coping with cappuccino meetings.
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Sorry, but salary hikes in Asia won't be as rosy as last year
It's only the start of the year but already pundits are placing their bets on how 2012 will shape up salary-wise. Here are some predictions on what pay increments will look like for those switching jobs in Asia this year.
Read more...
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