Thursday, March 1, 2012

eNewsletter: Pep talk for private bankers

eFC.com
Hiring and pay trends in banking, finance and securities 01 March 2012
TOP STORIES
Guest Comment: Here's how frustrated private bankers in Asia can cope
Life isn't easy for private bankers in Asia even if the sector is seemingly more robust than others. Wealth managers currently operate in tough and extremely competitive markets.
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You're hired - in about a year
While a protracted recruitment period of over a year seems to be the exception rather than the rule, recruiters say it's certainly taking more time to replace people in this uneasy market.
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From bulge brackets to accounting firms: Corporate finance talent faces up to a new reality
Corporate finance professionals once much feted in investment banks have fallen on rough times. Jobs in Asia have been culled over the last few months, with i-banks in Hong Kong hit particularly hard.
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Guest Comment: The road ahead for legal eagles in Asia's financial sector
After increased hiring activity in 2010, when firms began to hire new lawyers and expand their in-house teams, 2011 was a year which focused more on consolidation. Towards the end of last year, however, many companies battled with redundancies, which meant an exceptionally quiet year end for legal recruitment.
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Do expat bankers really favour Australia over Singapore and Hong Kong?
One of the world's biggest i-banks reckons Australia is the number one destination for expats. That's perhaps unsurprising given the land Down Under is typically associated with friendliness, work-life balance and a healthy outdoorsy lifestyle.
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