HK
Tag: Financial Services
Guest Comment: The only way to succeed in finance is by playing nasty office politics – here’s what I’ve seen and learnt
If there is ever a poignant piece of advice that university lecturers and textbooks failed to warn me about upon graduating and entering the workforce, it is the fundamentals of office politics. Not long after finding my feet in my new professional environment, I learnt pretty quickly that sometimes it’s the brownnosing and “who you [...]
The Intern: A truthful four-point insider’s guide (free from HR rhetoric) on how to clinch an elusive investment banking internship
So you want to get that coveted front-office internship in an investment bank to add glitz to your resume, not to mention the attractive internship remuneration that will pay for your semester exchange/travel in Europe or the US. After failing in many interviews (then finally clinching an internship), here are some insider tips that will [...]
Daily Dispatches: Nomura and National Australia Bank are firing
Nomura will fire in Europe and refocus on its profitable businesses in the US, Japan and Asia. (The Wall Street Journal) National Bank of Australia boasts a striking $5.5bn cash profit; even as it announces that it’s slashed at least 650 jobs. (The Australian) UBS bonuses won’t be as miserable as analysts have predicted. The [...]
Candidate Blog: I’m an accountant, I hate my job, but seriously, I wouldn’t know what else to do
I was born to be a lot of things, but being an accountant isn’t one of them. In my heart of hearts I have always known this, but for some stupid subconscious reason, I have always ignored it. Why? Well…um…err…I didn’t know what else to do. How many people faced with the same predicament of [...]
There’s no time machine to bring you back to 2010: Here’s the (slightly ugly) truth about salary rises in Hong Kong
Candidates in Asia are probably wistfully wishing they could go back in time. Just a year or two ago, salary increases for those moving firms were a generous 20 or 25 per cent. Today, thanks to the global slowdown, pay rises across banking jobs in Hong Kong are about 10 or 15 cent, according to [...]
Daily Dispatches: Here’s where UBS is hiring
UBS has made a series of senior hires and internal promotions on its foreign exchange desk in Tokyo as it seeks to capitalise on Japan’s resilient currency flows. (Finance Asia) China has signed off a set of rules for its small but booming wealth management sector to temper rapid growth and prevent banks from exploiting [...]
The Runaway MBA: This city is so small you can see everyone in your sector just by sitting in the same cafe every day
Welcome to the second installment of our new blog from “The Runaway MBA”, an American financial professional who’s looking for work in Hong Kong and Singapore. If you haven’t read her first blog click here. Even before my arrival in Singapore, I started to sense that my sector of financial services would be small. As [...]
Here’s a family-friendly career path in Asian wealth management for you to consider…
Family offices in Asia aren’t yet a massive phenomenon. Of the 6,000 or so offices globally, only 500 are based in this region, reported The New York Times earlier this month. But these offices are certainly expanding and so are their staffing needs. Several banks – HSBC, Credit Suisse, UBS and Citigroup – have all [...]
Candidate Blog: I’ve served my time in the Middle East; take me back to Asia
The financial world is ablaze again at the moment – market turmoil, downgrading, interest rates. Chaotic for all in working the industry. But haven’t there been enough market dips in the last three years? I was living and working in Asia in 2008 at the time of the most recent major crash. Life was good. [...]
Candidate Blog: I’m a new expat in Singapore and I haven’t got a single interview after a whole month of trying. Is it me or is it the market?
I arrived in Singapore from the UK four weeks ago, excited and eager to start my job search. With a CV filled with excellent experience working as a financial services marketing manager for top banking and insurance firms in London, I stupidly (or rather naively), thought I would have no trouble finding work here. I’d [...]
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