Company: BNP
Mixed hiring fortunes for foreign banks in Japan
The report card for 10 major foreign banks in Japan in the last fiscal year (ending March 31) was quite a mixed bag and correspondingly, hiring plans for these firms have varied this year. Bloomberg reported last week that Morgan Stanley trounced its rivals, more than doubling its revenue to 80.5bn yen, allowing for a [...]
Foreign bankers flee Tokyo for Singapore and Hong Kong. Japanese work on
Singapore and Hong Kong are the most popular Asian destinations as foreign bankers flee Tokyo. And rather than putting jobs in jeopardy, firms are accommodating individual, temporary requests to relocate. However, the main danger for employers is that some experienced expats may decide never to return, say headhunters. “With expats being encouraged to go home [...]
Equity researchers are on the rise
Foreign firms in Tokyo are beginning to increase their equity research hiring. And though much of the current activity is for replacements or upgrades, recruiters are hopeful that some serious expansion might be just around the corner. “Our clients are presently predominantly looking for experienced analysts, but we expect interest to increase quite dramatically, at [...]
Why do ‘old’ people work in the back office?
Ok, early 40s isn’t exactly an age at which you’re likely be reaching for the Zimmer frame and the denture adhesive, but it’s fairly antiquated when you consider that the average front-office banker is probably 15 years younger. Research from the Observatoire des métiers de la banque, a French organisation with affiliation to local unions, [...]
JP
