Monday, 24 October 2011
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eFinancialCareers.sg, 25 Oct 2011
We heard about redundancies in Hong Kong some time ago, but news of layoffs in Singapore’s financial sector have only hit headlines recently.
The Business Times reported that Bank of American Merrill Lynch (BoAML) and UBS have both fired i-bank staff. And other firms like HSBC have confirmed the restructuring of their Singapore business. Although Asian redundancies haven’t been large-scale so far, i-bankers are certainly getting the jitters. Full story
Back-office jobs under threat at Singapore investment banks
eFinancialCareers.sg, 25 Oct 2011We heard about redundancies in Hong Kong some time ago, but news of layoffs in Singapore’s financial sector have only hit headlines recently.
The Business Times reported that Bank of American Merrill Lynch (BoAML) and UBS have both fired i-bank staff. And other firms like HSBC have confirmed the restructuring of their Singapore business. Although Asian redundancies haven’t been large-scale so far, i-bankers are certainly getting the jitters. Full story
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