HK
Sector: Credit
HK credit pros poorer than average
Another salary survey underscores the fact that Hong Kong markets professionals are paid less than those elsewhere in the world. This time it’s credit pros that have reason to grumble. The survey, by London-based search firm Credent Partners, found junior structured credit staff in Asia earned an average of 12% less than their colleagues in [...]
Morgan Stanley boosting Hong Kong credit trading
Derivatives Week reports that the investment bank is building its Hong Kong credit trading team and transferring key executives into the territory. Brian Neer, an executive director was recently transferred from New York to Hong Kong in the new role of head of structured credit for Asia. Next month Robert Breden will also be packing [...]
CDOs power ahead but RMBS hiring may falter
UBS is preparing to add collateralized debt obligation staff (CDO) in New York, London and Asia according to a news report. Securitisation News says the Swiss bank is understood to be looking for between four and six origination and structuring professionals for its 12-strong New York-based CDO product development group. In London, it is said [...]
Singapore pays down for compliance, risk pros
A new salary survey points to low pay for risk and compliance workers in Singapore compared to Hong Kong and Sydney. The annual salary survey from recruitment firm Robert Walters underscores the relatively low pay received by financial services staff working in Singapore. At US$37,000, average salaries for Singaporean credit risk analysts with more than [...]
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