Wednesday, October 24, 2012

Newsletter: Foreign candidates turn to Singapore banks

eFC.com
Hiring and pay trends in banking, finance and securities 25 October 2012
TOP STORIES
Candidates in London and Australia are now calling recruiters in Singapore about jobs at DBS
DBS is increasingly on the radar of foreign candidates – both professionals already in Singapore and, more surprisingly, those based overseas. The performance of its investment bank, a spate of senior expat hires, the stability of its brand, and a lack of recruitment by Western-owned competitors have made the Singaporean firm more attractive.
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ICBC is hiring in Singapore and it seems candidates want to work for it
Industrial and Commercial Bank of China (ICBC), which received a full banking license to operate in Singapore earlier this month, is expanding its workforce in the city state as it increases its exposure to international trade.
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Why a shorter, more specialised MBA may be the best option during a downturn
Whereas a general two-year, full-time MBA from a top school may have once conferred automatic prestige and thus greater earning potential, this is no longer necessarily the case because of the current volatile business climate.
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The Junior: Two years in Hong Kong is the same as four in Singapore
For a junior banker, doing a few years in Hong Kong is a tremendous boost for your CV. Working with the Chinese market, getting in on large Asian deals, polishing up your business-level Mandarin and Cantonese, and gaining an international perspective make you much more employable. It may now be time for me to move.
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My mid-career change into banking went horribly wrong: Don't make the same mistakes
I was not prepared for the different skills and long hours in banking; it became increasingly difficult to keep up with my younger, more qualified colleagues. After one year, as anyone can guess, I decided to call it quits. I was unable to cope with the rigours of the job or meet the bank's expectations. There was a gap between reality and the ideal career I had in mind.
Read more...
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