Sector: Debt / Fixed Income

Straight Talk: A senior UBS banker explains how to ace interviews and avoid failure during your first days on the job

Lutfey Siddiqi CFA, head of FICC corporate coverage & FX distribution Asia-Pacific gives some sage advice to young bankers. It can be disconcerting for fresh graduates to shift from the heights of academia to the bottom rung of a bank. Apart from a reversal in status, many find the unarticulated rules of the game -expectations [...]

Taking a sabbatical could be a very stupid thing to do

Ah, sabbaticals: Very much coveted by stressed out bankers in Asia, but rarely attempted. Every once in a while, however, there are those like Mark Leahy, formerly from Deutsche Bank’s debt syndication business. This seasoned banker took a two-year break, lived on a vineyard in Australia, made wine, hung out with his family and co-founded [...]

The Yuan’s piping hot, so are Singapore banks dishing out RMB-linked jobs already?

It’s not a full-on jobs buffet for Yuan-enabled banking candidates yet. But judging by the amount of interest Yuan offerings have generated in banks in Singapore, this could well be the case soon. Already firms like DBS, UOB and HSBC have announced that customers here can invest in Yuan-denominated bonds issued in Hong Kong. The [...]

Get set for a fixed-income talent fight

The People’s Bank of China’s recent announcement allowing RMB held offshore to be invested in its domestic bond market is likely to make foreign financial institutions fight for fixed-income professionals who can help them snap up opportunities in this developing market. China’s bond market is still at an early stage of development and its interbank [...]

Dispatches: China to open up bond market

China’s central bank said it will widen overseas access to its domestic bond market as part of a program to promote the use of its yuan currency in international trade. The trial program, announced Tuesday, will allow some yuan held offshore to be invested in China’s interbank bond market, where most government and corporate debt [...]

Goldman muscles in on Asian DCM hiring

Investment banks in Asia are scrambling to expand in DCM, leading to high demand for senior professionals and prompting warnings that the sector is slipping into a talent shortage Goldman Sachs recently came out fighting on the fixed-income front, with Daniel Dees, head of pan-Asia financing, telling Reuters that the firm is recruiting in Asia [...]

Securitisation bankers: where are they now?

As the employment market in your job function splutters slowly back to life in Asia, spare a thought for those who once specialised in securitisation. The public blames them for starting the financial crisis; they were probably made redundant last year; and their job function isn’t exactly a priority for banks trying to rebuild their [...]

Distressed debt jobs still stuck in the pipeline

It’s difficult finding a distressed debt job just right now, but towards the end of ’09 opportunities might emerge for senior pros, especially those who’ve traded their way through previous Asian recessions. The current economic downturn has led to high and rising levels of distressed debt in Asia Pacific, with the Financial Times estimating that [...]

Should China be scared of securitisation?

Will the global financial crisis discourage regulators in mainland China from liberalising the asset-backed securities market? Fitch Ratings says yes. The ratings agency reckons Chinese policymakers are becoming more cautious in approving new transactions, fearing the market will repeat the subprime mortgage turmoil in the United States. China’s asset-backed securities market is still not completely [...]

ON THE SPOT: Master’s in finance student, London Business School

Brijesh Pande has just finished the master’s in finance at London Business School. Previously head of fixed income capital markets at Citigroup in Indonesia, he joined a leading Australian bank in Singapore as head of FX, interest rates and derivatives corporate sales for South Asia after his course finished. We’ve asked Brijesh a few questions [...]