Wednesday, November 13, 2013

Finance workers in Singapore support the FCF

NEWSLETTER NOVEMBER 2013 Online version
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~ 14th November 2013 ~
What do the latest results at HSBC mean for jobs in Asia?
Hello ,

This week we hear about how banks are still scaling back in Hong Kong on a selective basis, and we reveal the outcome of an eFinancialCareers survey into the attitude of Singapore's finance workers towards curbs on foreign hiring.
 
NEWS
ANZ shuts Hong Kong equities trading desk
ANZ, Australia's third largest bank, has shut its equities trading operation in Hong Kong, and has relocated the function back to Sydney.
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Singapore finance workers back tighter restrictions on foreign workers
The Singapore government's new plan to put its citizens at the front of the line when it comes to hiring in certain job categories has received resounding approval from financial services workers, with an overwhelming majority of those polled in a new eFinancialCareers survey supporting the Fair Consideration Framework.
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Hong Kong's rock star bankers do it for charity
Hong Kong's investment banks will soon gather for a different kind of club deal. The Finance Live rock concert will feature bankers-turned-musos to raise money for 'Music for the Growing Mind', a charity for severely underprivileged children in Hong Kong and China.
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Why you may want to give working for HSBC in Asia a miss
If you are looking for a banking job in Asia, HSBC might not be your first choice, even though it has promised to protect bonuses from the European Union's bid to curb banker pay.
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