Thursday, November 1, 2012

Newsletter: Wanna get ahead? Punch the boss

eFC.com
Hiring and pay trends in banking, finance and securities 01 November 2012
TOP STORIES
Wanna get ahead? Punch the boss
Having a hobby in common with your boss, whether it is hockey, golf or, say sparring in the boxing ring, is a great way to network and maintain career momentum. In a relationship-driven sector like financial services, sharing similar pastimes can be particularly important.
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UBS cuts: Asia affected, Australia escapes
Singapore and Hong Kong are still comparatively safe havens for UBS bankers as the firm makes 10,000 job cuts to its investment bank, mainly in Switzerland, Europe and the US. But unlike Australia, the two Asian cities will not escape unscathed.
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Recruitment agencies in Asia receive CVs from MDs wanting to become VPs
Advertise for a VP or SVP role and you expect applicantions from investment bankers who are working their way up the career ladder. But that's not always the case these days – headhunters in Asia say they are receiving a handful of CVs from MDs who are applying for more junior positions.
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Maybank expands in China but can it attract local talent?
Maybank has expanded its Chinese operations by opening its first branch in Beijing and is expected to hire more salespeople, particularly in trade finance. But in a talent-short market and in a country obsessed with employer branding, the Malaysian firm will need to work hard to recruit and retain local staff in the face of competition from more established Asian rivals.
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Q&A with graduate recruiters from EMEA, APAC and the US
Before you make it on to investment banks' grueling assessment centres, you must first make it through the application process and, in order to do this, you need to impress the graduate recruitment teams.
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