Thursday, April 19, 2012

eNewsletter: Why my London classmates love Singapore

eFC.com
Hiring and pay trends in banking, finance and securities 19 April 2012
TOP STORIES
My Masters: Classmates tell me they'd love to work in Singapore; let's hope Singapore doesn't stand in their way
I think Singapore is one of the most desirable cities in which to forge a finance career – a sentiment shared by many of my Asian classmates at London Business School (LBS). Take my friend from India, who has chalked up several years of experience in fixed income and plans to move there to find his dream job. “Singapore is the place where the jobs are,” he proclaims. A Sri Lankan mate tells me that in the UK he will face tough residency rules after graduation and feels that Singapore will be much more accommodating.
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How to handle talent retention after an acquisition: A dialogue with Nikko Asset Management's Ken Cogger and DBS' Tom Pederson
Last week eFinancialCareers attended a talent acquisition and retention conference organised by EDHEC Business School in Singapore. The event featured speakers including Tom Pederson, managing director, learning and talent development, DBS, and Ken Cogger, global head of talent management, human resources, Nikko Asset Management. Both men spoke about the challenges of keeping their workforce happy.
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Guest Comment: The enormous pressures facing private bankers in Asia and the subsequent dangers for them and their clients
Recently there has been much criticism about wealth managers who resort to quick-fix strategies to boost revenues. Yet it would be naive to think only long-term plans should be implemented in an industry that focuses heavily on generating revenues – especially in these challenging times.
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Guest Comment: Retention? It's about YOU, not your employer. Here's a simple guide to avoid being a victim of your job
I was having a casual chat with a colleague about the usual drudgery of the mundane work that managers often throw our way, when he said something that struck me: “It's ok, I've been through six bosses in five years”. There's something to learn here from what he said; an angle that is seldom explored. When it comes to retention strategies, I usually put the responsibility squarely on the shoulders of my line manager. But I think there comes a point where I have to take charge of my own development.
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Guest Comment: Be the first to volunteer and the last to complain - this and other tips for managing a career in financial services
Even in the current age of crisis, the financial industry remains an attractive proposition for many graduates. Whether it's the investment banker lifestyle, the thrill of taking on the markets with someone else's money, or even just the opportunity to work in a dynamic and prestigious sector, the choices you make throughout your career will help determine whether you are successful.
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TOP RECRUITERS
United Overseas Bank
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