Thursday, March 20, 2014

Why expats think Singapore is too expensive

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Hello Financial Professional,

In this week's newsletter we look at why boutique private banks are bulking up in Asia and why even flashy expats think Singapore is too expensive. We also point out the peculiarities of job hunting in China and reveal the most common interview questions at investment banks.
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High cost of living makes 90% of foreign finance professionals wary about shifting to Singapore
Singapore's growing reputation as an expensive location is fuelling even more offshoring and creating a new breed of candidates: foreigners who want to relocate to the city state but suddenly decide against it after considering the high cost of living a flashy lifestyle.
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The private banks that are hiring in Asia right now
If you're looking for a job in Asian private banking but you're sick of working for a major multinational, both boutique European firms and expanding Asian banks are staffing up on relationship managers in Singapore, the region's private wealth hub, this year.
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The candidates in Asia who spam 50 identical emails to 50 recruiters at the same firm
Mainland China is still a candidate-led job market in which finance professionals are frequently enticed to change companies. But job searching in the PRC is by no means straightforward, especially if you're more used to how things work in mature markets.
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The six most common investment banking interview questions and how to answer them
For recent graduates, investment banking interviews are built on two main structures: personal behavioral questions and technical queries.
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