HK
Having a global boss based in Asia could be very good for your career
The past couple of months have seen some investment banking heads relocate to Asia from the West. It’s easy to see why; after all the region has been repeatedly described as the engine of growth. Having your top people here truly matters from a business standpoint. As Jes Staley, chief executive of J.P. Morgan’s investment bank, [...]
Daily Dispatches: Large Facebook losses for UBS and Citi
The market-making arms of UBS and Citigroup suffered combined losses of about $US50m on trades made during this month’s glitch-plagued listing of Facebook on the Nasdaq Stock Market. (The Australian) Dealogic league table roundup, May 25: Goldman Sachs continues to lead the Asian league tables for equity capital markets, while HSBC heads the debt capital [...]
Guest Comment: Liquidity risk skills in demand in Hong Kong and Singapore as Basel III looms large
Basel III is looming. Professionals with expertise in liquidity risk are in demand as banks strive to meet key Basel III milestones over the coming years. In addition to regulatory strengthening, liquidity risk management is proving to be important for the banking sector given that many firms remain under scrutiny from the ratings agencies. Banks [...]
Daily Dispatches: J.P Morgan’s big clawback test
Clawback is new territory, ill-defined and politically incendiary. If J.P. Morgan does it right and avoids the emotionalism of the moment, it could craft a gold standard for any future use of clawback and set precedent for the rest of the industry. (Wall Street Journal) Are your banking skills in demand in Asia? (Asian Banking [...]
Here is a very big “C” that you may need on your CV to rise to career prominence
Take a good look at the CVs of some of the top global business leaders these days and it’s possible that you’ll see Chinese work experience listed. Bob McDonald, CEO of Proctor & Gamble, was previously president of North East Asia at his company before being promoted to the global role. Troy Alstead, the CFO [...]
The Hedgie: Think the buy side is a barrel of laughs compared with banking? Try working for a hedge fund
A year ago the hedge fund I work for still had a number of bold plans: launching more funds with different strategies, strengthening the control department, and expanding the IT team to prepare for an expected increase in trading volume. However, thanks to the poor market performance from the second half of 2011 onwards, nearly [...]
Daily Dispatches: Sturdy banking system helps to keep growth hopes high for Asean countries
In South-east Asia, rising wages, strong consumer spending and an increasingly sturdy banking system are all fuelling hopes that the 10-nation Association of Southeast Asian Nations (Asean) may be able to avoid any serious spillover effects of falling growth in China, India and Europe. (Financial Times) Chinese employers are under greater pressure this year to [...]
The Junior: The mouthwatering opportunities outside of banking that potentially await you after two years of grunt work as an analyst
Investment banking analysts who have worked for two to three years typically have rosy futures in front of them. Even for those who choose not to become an associate in a bank, there are many options to pursue. Their IB experience, especially if it’s at a tier-one firm, is coveted by employers outside of banking. [...]
Daily Dispatches: Singaporean finance professionals get a leg up; Formula One’s IPO takes flight
The Singapore government has announced a slew of programmes to better develop Singaporeans into finance chiefs. These include raising the employment pass standards of foreigners to manage the growth of the expat workforce and the provision of scholarships for young professionals. (The Straits Times) Formula One has been given the go ahead for a US$2.5bn share [...]
Why being approved for a banking job is a tedious, tortuous process (and why this may not be a such a bad thing)
The time it takes from first interview to job offer has got even longer for candidates this year, but there is a potential upside – for both employers and candidates. The 17 senior financial HR professionals who attended the recent eFinancialCareers roundtable in Hong Kong agreed that the hiring process is as protracted as it [...]
Follow eFinancialCareers
What is RSS?
