HK
Tag: Senior Management
Warning: There’s still time for more cuts in Hong Kong before Christmas
With only a few weeks to year-end and some nasty redundancies already in the bag, it seems that banks are still seeking to slash more staff in November and December. The 13 Hong Kong HR professionals who gathered for the eFinancialCareers roundtable last week were realistic about the market conditions facing their firms. “We’re all [...]
Here is an industry in which working for a Chinese firm might well be better than working for a Western one
Just like in banking, working for global firms may not necessarily be the preferred choice for insurance professionals in China. Lily Xu, senior consultant, banking and financial services, PSD Group, says most candidates prefer to work for mainland insurance firms over international ones. She explains: “Candidates find it stressful to work for a global firm [...]
It’s “pretty intimidating” when your new boss used to be the president of Nasdaq: Read part I of our interview with Michael Syn, head of derivatives at SGX
Here’s the first of a two-part Q&A. Q: Was working for the Singapore Exchange something you always envisioned yourself doing? I’ve known the SGX team since 2007, and of course have been a user of SGX markets, such as the Eurodollar pit, for much longer than that. I was in regular contact for a few [...]
Daily Dispatches: BlackBerry blackout
Research In Motion scrambled to restore service to millions of BlackBerry users around the world Wednesday as the company’s worst-ever outage vexed office workers, government officials, emergency responders and others who rely on the messaging device. (Business Week) Just what is S.1619 trying to achieve? Strip out the legalese and righteous indignation from the US [...]
Here’s what DBS is doing about retention: Interview with COO Samantha Mark
Last week 90 final-year university students from Singapore got the low-down on what it’s like to work at DBS. They visited the firm’s trading room, its youth-oriented branch at *Scape, and its back-office centre, DBS Asia hub at Changi Business Park. But beyond grooming rookie talent, the firm is also big on retention. Samantha Mark, [...]
Q&A with OCBC’s Allison Koh, assistant vice president, global treasury, China
Koh is an assistant vice president with the asset liability management team in OCBC China’s global treasury office. She joined the firm as a management associate (MA) in July 2007 after graduating from the International University of Japan’s MBA programme. Prior to this, Koh was an associate banker with a foreign bank. 1) What made [...]
After the donut bonus, now comes the donut pay rise (at least in Japan)
Japan’s professionals are having a truly glum year in terms of pay. A recent Robert Walters global poll says the country’s white collar workers are the most likely in Asia to get donuts for salary raises. Even if they do get an increase, it will be minimal (a paltry 5 per cent or less). According [...]
The Banker: You know you’re sick of banking when…
1) The more important you are at your bank, the higher probability your urgent emails or calls always “just happen” to arrive on your iPhone or BlackBerry during someone else’s meeting. 2) Your boss insists on using his iPhone/BlackBerry, even when his landline phone is right there at his desk 3) People show off their [...]
Breaking up with the bulge bracket: Candidates take a shine to boutique i-banks
Boutique investment banks Evercore and Lexicon, both of whom have a presence in Hong Kong, are merging. It’s not clear yet what the impact will be on their Asian headcounts, but here’s a look at how boutique i-banks fare in terms of attracting talent. While it’s true that smaller firms typically play second fiddle to [...]
Guest Comment: Psych tests = pointless trash
You go for an interview. They decide they like you somewhat. And then they either send you a link to a website to sit a test or, if they’re really cruel, make you go to their office to do one. I’m talking of course about the dreaded psych tests which most of us have been [...]
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