 | TOP STORIES |
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| If you have $200m in AUM, private banks will fight to speak to you and may offer you a job within just two weeks |
| The “visible” job market may be quiet in Singapore private banking – advertised vacancies are drying up – but opportunistic hiring of top performers continues apace, especially at the likes of RBC, Coutts and the local banks. |
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| A banker's lifestyle in Singapore is less Gangnam and more Outram. Players should move to Hong Kong |
| Leaving aside recent redundancies, and the fact that bankers are increasingly facing a squeeze on their burgeoning (compensation) packages, it's neither convenient nor glamourous to live large in Singapore. Here's why... |
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| Nearly 150 Merrill private bankers are potentially in peril in Asia as Julius Baer plans 1,000 post-merger global cuts |
| Julius Baer's decision to slash about 1,000 jobs following its purchase of Bank of America Merrill Lynch's international wealth management operations will lead to lay-offs in Singapore and Hong Kong. Baer says the US firm will suffer most of the redundancies; and recruiters add that underperforming Merrill bankers in Asia are especially vulnerable. |
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| Various tricks that a few bad recruiters are using to win more business during the downturn |
| Agency recruiters in developed, English-speaking financial markets are facing renewed pressures on their revenues as they compete with social-media savvy in-house hiring teams for candidates and mandates. A minority of them are even resorting to underhand tactics, like pretending to be job seekers, in an effort to maintain market share as vacancies dry up. As ever, we would like to stress that this behaviour is not ubiquitous – most recruiters know that it makes sense to play cleanly. |
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| Complete our diversity survey for a chance to win |
| We're currently asking finance professionals in Asia Pacific about their thoughts on diversity in their industry. We'd love for you to take a few minutes to complete our 2012 eFinancialCareers Diversity and Work Environment Survey. As a token of thanks, you could win a US$200 Amazon gift voucher in our prize draw at the end of the survey. |
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