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The seven mental disorders most prevalent in financial services
Financial services professionals are under pressure. In an environment where bankers are vilified, job prospects are increasingly limited and the prospect of redundancy looms large, mental health issues are becoming ever more common in the financial sector. In fact, according to research released this week from Legal & General, depression and anxiety in the financial […]
Why other people are getting jobs and you’re not
Gore Vidal famously said that, ‘whenever a friend succeeds, a little something in me dies.’ Much the same might be said when a friend – or ex-colleague – finds a new job and you don’t, especially if you’ve had the misfortune to be out of the market for a long time (or maybe just out […]
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Don’t pander to Gen Y or promote too quickly, says PwC partner
Generation Y or “millennial” finance professionals, those who entered the workforce after 2000, are clamouring to climb the career ladder. But employers risk promoting them into senior positions too quickly, said Alywin Teh, a consulting leader at PricewaterhouseCoopers in Singapore. Teh is a partner in charge of financial services consulting and also leads a team […]
How female bankers handle their househusbands: a user’s guide
If you’re a woman and you want to combine working 70-hour weeks in a financial services job with raising a family, you will probably need one of two things: copious nannies, or a man-about-the-house. Based upon our conversations with female bankers, househusbands, rather than nannies, are increasingly becoming the mode of choice for keeping things […]
Ten signs that you’re becoming unemployable
Employability is the new thing. Who cares if you lose your job, if you have your pay cut, if you’re disconcerted by the arrival of a new boss, or if your employer decides to relocate to the middle of nowhere? – None of this need make any difference, as long as you’re sufficiently employable that […]
Seven reasons to leave your job just after a promotion
Quitting your company soon after you’ve been promoted sounds counter-intuitive, but it can be the best way to secure even more money and a better job. If your own firm wants you enough to promote you, why wouldn’t your competitors want you even more? Headhunters said they regularly targeted those who had recently stepped up […]
Six Essential Skills for Risk Managers in Investment Banks
Since the credit crisis, risk management in banks has become a far more heavyweight, far more respected and a far more popular career. If you want to join the risk management fraternity, you’ll need these skills: 1. Regulatory Awareness: One all-encompassing theme of the current Investment Banking environment is the tidal wave of regulation that […]
Nine ways to remote manage staff in Asia without annoying them
With Western banks trying to expand in Asia, managers based at headquarters in the US, Europe or Australia may well find themselves in charge of staff in Hong Kong and Singapore. The potential for cultural misunderstandings and managerial mistakes is all the more intense when you’re not actually in the same office. Here is some […]
Seven ways to avoid being an arrogant expat banker in Asia
If you’re a high-earning expatriate banker in low-tax Singapore, now is not a good time to flaunt your good fortune. Singaporean citizens, incensed by a recent influx of international talent into their crowded city-state, are clamouring for companies to hire fewer foreigners. The Singapore government has responded by promising to ensure that employers give “fair […]
Confessions of a Recruiter: What Candidates Should Watch Out For
Confession: Before becoming a journalist and covering financial careers, I spent nearly four years as a recruiter. Generally speaking, most recruiters are moral and trustworthy. But everyone uses a few tricks to improve their chances of inking contracts with clients and making money. Here are a few that you should look out for, as well […]
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