AU
ANZ Singapore CEO Vishnu Shahaney: Why I’m still at the same firm after 30 years
Vishnu Shahaney, CEO of ANZ Singapore, is a rarity in banking – he’s not switched employers in the last 30 years. That’s not to say he’s stayed static: Shahaney has worked in India, Australia and Singapore, and taken on several senior management positions in areas like corporate, private and institutional banking. eFinancialCareers finds out why [...]
The Inbetweener: Blatant age discrimination is alive and kicking in Australian financial services – well, at least at my firm
As many of you would know, ‘tis the season to go to uni expos; to sit in your booth smiling and seemingly enjoying yourself. The intention is that the best-of-the-best will be enticed to visit, ask you some questions about how much you love your company, and with any luck, apply for the following year’s [...]
Tell us: Would you gladly give up your cosy cubicle for an “officeless office”?
Bid farewell to your own desk along with its comforting clutter – communal work stations, or hot desking, could be coming your way soon, if a recent Wall Street Journal report is anything to go by. Unassigned work areas seem to be a growing phenomenon as companies seek to cut costs. American Express is one [...]
Are we finally seeing a serious shift towards more work-life balance in banking?
Contrary to popular opinion, Australian employees are among the hardest workers in the developed world, notching up an average 44-hour week, according to a recent survey from Ernst & Young. In many banking roles the hours are longer still. As a consequence some banking candidates are choosing jobs offering additional lifestyle benefits or/or fewer working [...]
GUEST COMMENT: At what point does it make more sense to fire one notoriously difficult VP instead of burning out multiple junior M&A bankers?
When I worked in M&A, there were two topics that persistently occupied my junior colleague and me during the brief period from 19:15 to 19:35, whilst we quickly ate dinner before getting straight back to work. [Most of us had spent the past ten hours chained to our desks and had just received the dreaded [...]
Guest Comment: 10 ways to minimise staff turnover and stop hire-and-fire burnout
High attrition hurts a company’s bottom line. Experts estimate that finding and training a replacement costs upwards of twice an employee’s salary. And churn can damage morale among remaining staff too. Despite increasingly high turnover and the trend to replace employees with consultants on an “as needed” basis, organisations must still hang on to their best [...]
Why you’re probably cursed by connectivity and how “hidden flexibility” can bring you better work-life balance
Midnight messages from managers, late night link-ups with London: such annoyances are becoming all too common for Australian financial services staff as work increasingly impinges on their private lives. The recent Randstad Workmonitor report reveals that half of Australian employees handle work-related matters, including calls and emails, outside of office hours. Finance professionals are suffering [...]
It hasn’t been the best start to the year if you’re working at a big global investment bank in Australia
Cost reduction has been the paramount theme at the risk-adverse global banks during the first quarter of the calendar year. Deutsche Bank helped to kick start a round of redundancies back in January when it retrenched several bankers in Sydney and Melbourne, including two MDs. Other firms have also been trimming. One recruiter, who asked [...]
Do banks need to Google up their workplaces?
It’s no surprise that technology and creative companies have the snazziest offices. A cursory search online of the world’s best workplaces will throw up the usual suspects like Google, Facebook and Twitter. Given that financial firms rarely make an appearance on these lists – and with bonuses shrinking everywhere – perhaps they should create environments [...]
These are the jobs that CFA charterholders do in Australia and these are the financial services firms that employ them
If you are thinking of studying for the CFA Charter and are wondering how relevant it might be to your profession, here’s an interesting tool which shows you the precise number of CFA charterholders in your country. In addition, it breaks the numbers down by industry as well as the top employers who hire these [...]
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