Tag: Senior Associate

A happy first half for Hong Kong i-banking hiring

As investment banks’ revenues have risen during the first half of 2010, so have their mid-to-senior level front-office headcounts. Investment banking fees for Asia ex-Japan total US$3.1bn so far in 2010, almost three times the US$1.1bn generated between January and June last year, according to data provider Dealogic. These figures already surpass the previous record [...]

Editor’s Take: recruitment is getting merry in the middle

Last year was all about redundancies and rainmakers. Banks were either laying off hundreds, or headhunting new senior managers to guide them through the GFC. In the first half of 2010, however, mid-ranking professionals are, by and large, reaping the rewards as international banks focus their efforts on gaining market share in Asia. Firms started [...]

Guest Comment: I’m upbeat about the Chinese employment market

Despite Hong Kong and Singapore being better known as financial services hubs, there is a view in the West that firms with international ambitions must be on the ground in China. More and more financial institutions are opening offices in China and looking to recruit key staff. Some view Beijing as the best place for [...]

Is contracting becoming more acceptable in Asia?

Financial institutions and candidates in Singapore and Hong Kong are gradually falling more in love with contracting jobs. Employer cost-cutting caused by the financial crisis is combining with a slow rise in candidate acceptance of contracting. Contract work is already used in Asia for back-office roles like administration, IT, HR and accounting in Asia, but [...]

GUEST COMMENT: Are career breaks more common since the credit crunch?

Career breaks are a growing phenomenon in the financial sector, especially in sales and front-office areas of investment banking and global financial markets. Even though Asia-Pacific is not where the brunt of the credit crisis is, the softening of the markets and a fall-off in deal flow here has resulted in some banks quietly staff [...]