Wednesday, November 6, 2013

Another heavy hitter to enter wealth management in Asia

NEWSLETTER NOVEMBER 2013 Online version
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~ 7th November 2013 ~
Northern Trust on hiring track to bolster Asian ambitions
Hello ,

This week we speak to Northern Trust about its ambitions for Asia, and we tell how Asia is the place to be if you want to work for an Australian Big Four bank.
 
NEWS
Northern Trust on hiring track to bolster Asian ambitions
Northern Trust, the US-based group that specialises in investment management, asset and fund administration, and fiduciary and banking solutions, is planning an organic build-out of its operations in Asia that will lead to new job opportunities in wealth and asset management, as well as its other core business of asset servicing.
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Want a job in an Australian bank? Your best bet is in Asia
While not everyone thinks that the push by Australia's big four banks into Asia has been a resounding success, it has been paying off for jobseekers who are benefiting from aggressive strategies to establish strong operations spanning the entire region, staffed by growing teams in hubs like Singapore and Hong Kong.
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Barclays cuts tech jobs in Asia Pacific, adding to a week of woes
Barclays has laid off members of its tech team across Asia Pacific as the bank reviews its technology operating model in the region.
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Seven ways to avoid career catastrophe when you start a banking job in Asia
New foreign hires are coming under intense and immediate scrutiny as banks attempt to justify why they haven't taken on someone local, according to recruiters in Asia.
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