Sunday, July 22, 2012

Newsletter: Westerners face a new reality in Asia

eFC.com
Hiring and pay trends in banking, finance and securities 23 July 2012
TOP STORIES
If you're a Westerner wanting work in Hong Kong or Singapore, this is the reality you face
We talk to Richard Farmer, director, professionals, Randstad, about the plight of Western banking professionals looking for work in Asia. "Prior to the global financial crisis of 2008/2009, international banks that were building up their businesses in Asia were offering generous expat packages to lure European and American executives to work here. Five years later, we are in a very different environment."
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Market update: Malaysia's prolific investment banking boom
What do the higher levels of market activity really mean for investment bankers in Malaysia?
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Here's the right way to criticise a bad boss during a job interview
Alongside our “Boss from Hell” competition, eFinancialCareers speaks to Jaime Lim, consulting director, PeopleSearch Singapore, to get some good advice on dealing with bad managers.
Read more...
Bankers fleeing to the corporate sector because they can't take the pressure: It's even happening in China
China's banking job market has started to become slightly bearish as the credit growth of the big four state-owned banks has declined and the A-share market has performed poorly. This is helping to drive some banking professionals into other parts of the financial industry, or even into the corporate sector, where they stand to enjoy a better work-life balance.
Read more...
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