Olga Yung
Hiring freeze felt as HK banks focus on talent development
Hiring freeze felt as HK banks focus on talent development
Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions
More expats may leave with their families when the school year ends mid-2022.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. Singapore in talks with banks to enhance financing schemes for businesses 3. GXS Bank names Pei-Si Lai as group CEO 4. Banks feel pressure from private credit 5. SMBC names Luis Pereira as co-regional CIO for APACResource Center
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Banks feel pressure from private credit
Nonbank lenders are now providing capital even to low-risk corporate clients.
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