Career CPR: I’m an experienced Singaporean banker in KL but I can’t find a new job back home

In the first of our Career CPR series, we hear from a frustrated banker who just wants a job back home. Read her dilemma and offer your advice in the comments box below. The (hopeful) returnee’s dilemma I’m not a rookie. I’m a Singaporean but have spent the last three-and-a-half years working for an international […]

Jon Moulton’s favourite interview questions, and how to answer them

Jon Moulton has told us what he likes to ask candidates in interviews. If you are ever in an interview with Jon and you have read this article, you will therefore be at a substantial advantage. For those of you who have not heard of Jon, he is a very well known private equity investor […]

Deutsche is still targeting UBS talent, say headhunters

UBS remains a prime hunting ground for other investment banks keen to capitalise on recent defections, missed deals and bonus concerns at the Swiss firm. A string of senior departures began in mid-2010 when Henry Cai, its top China banker, took several of his colleagues to Deutsche Bank. Other resignations include Steven Barg, head of […]

Are private banks in Asia hyping up their hiring?

Private banks in Asia are growing fond of saying they are hiring in the hundreds but talent shortages in Singapore and Hong Kong could thwart their ambitions. Take Julius Baer. Chief executive Boris Collardi told Singapore’s Business Times recently that it intends to double its banker headcount in Asia from the current 130. The Swiss […]

The Agent: Help! I frighten people because I work in insurance

In Hong Kong, when you tell people you work as an insurance agent, their first reaction is sudden awkwardness followed by: “Don’t sell me an insurance plan”, or “I’ve bought one already.” Even if you change your title to “financial planner”, the result is the same. What generates this fear? After all, if you say […]

Bonds are back, baby, and so is DCM hiring

As investor preference veers from equities towards bonds, DCM teams are starting to rebuild. A recent article in Singapore’s Business Times for instance, states that global bonds are still “attracting inflows amid an ominous equity market backdrop.” It adds that fund managers generally have an overweight consensus on Asian bonds because of the region’s perceived […]

Threadneedle likes nabbing senior bankers in Singapore but is it the only one?

Finally, something to shout about in Singapore’s asset management sector. UK firm Threadneedle has appointed Andrew Chan as head of product and business development for Asia Pacific, supported by Tony Poon and Harry Tan. What do these gentlemen have in common? They all worked for Merrill Lynch, clocking up about 80 years’ experience between them. […]

Do returnee bankers need a reality check?

Returnee banking professionals sometimes have inflated salary expectations and their skills aren’t always in demand at domestic banks. “All too often people looking to return to China go about their market research in the wrong way – by talking to friends, or just assuming that China is booming and that they can expect full expatriate […]

Credit Suisse is hiring 500 and SCB is paying stunning salaries: Is Changi a boom town for banking jobs?

The hottest place in back-office employment in Singapore banks these days? Changi Business Park – the CBD’s cheaper, less glamorous cousin. Just last week, Credit Suisse announced plans for a new office in Changi, on the eastern part of the island. That new office, operational in mid-2013, will house about 4,000 staff, made up of […]

Never let a recruiter intimidate you into declining a counter offer

If you accept a counteroffer, you will be eviscerating your career all over the pavement. Your boss will remember your intention to leave and will quietly despise you. Your colleagues will be made aware of your intended treachery; you will be hated. If you receive an offer of employment somewhere else, tell your current boss […]