Sector: commercial banking
How expat bankers can still succeed in Saudi
Saudi Arabia has long been viewed as a hardship posting for expat financial services professionals, but as opportunities shrink in other Middle East locations the kingdom has continued to offer jobs. However, a new push to recruit local candidates has meant it’s become an uphill struggle for foreigners to move in, but expat expertise is […]
Want a job in China? Do the CFA
If you want a job in Chinese financial services, international qualifications, in particular the Chartered Financial Analyst and Master of Business Administration programmes, are becoming more important to your chances. Employers in China are increasingly clamouring for people with the CFA. But there are currently only 2,600 qualified CFA charterholders in China, according to a […]
Six job functions where you can still land a role in Asia
If you are looking for a financial services job in Hong Kong or Singapore, you’re probably applying for a role vacated by someone else. Firms in the region aren’t expanding their headcounts in most functions, recruiters said, especially in front-office investment banking. But there are vacancies created by employees who have left after collecting their […]
European CEOs to become the poor men of banking
In the current climate it may be unpalatable to talk about executive pay in anything other than disparaging terms, but the new EU bonus rules risk making European banking chief executives the poor men of finance. Yes, a poor banking CEO is something of an oxymoron and the bosses of British banks like Barclays and […]
Foreign banks in China are hiring in sales and risk/compliance
Foreign banks in China are recruiting in two main areas this year: commercial-banking sales and risk/compliance. But they face salary inflation and stiff competition for staff. “The demand for talent continues to exceed supply as the banking sector expands,” says Jimmy Leung, PwC China banking and capital markets leader. “There is direct competition between foreign […]
Want Job Security? Move to Dubai
Dubai is bracing for an influx of expats as an increasing number of Western finance professionals see the region as a more attractive place to gain job security. The responses to an emailed survey of 700 finance professionals in the UK and Dubai by eFinancialCareers in November on their perceptions of the emirate were overwhelmingly […]
SEB employs more women than men, bonuses are shrinking and other reflections on its annual report
Like many European banks, SEB is being more open with the political hot potato of compensation, and it’s revealed that bonuses are starting to tumble. SEB’s annual general meeting was yesterday, along with the publication of its annual report. It’s keen to point out that bonuses are becoming less of a feature of its […]
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