APAC Market Intel - April Edition

by Simon Mortlock, eFinancialCareers

Welcome to the latest edition of our Asian Market Intel, brought to you by Simon Mortlock. Below you can watch Simon's April market commentary and read the latest recruitment news.

Watch Simon's latest market commentary

Banking News

  • Expat Bankers Fleeing Hong Kong See No Easy Escape to Singapore -  Financial Post

  • HSBC Asia Wealth Unit to Match Last Year’s Hiring -  finews.asia

  • Hong Kong bankers high in demand as city fights to keep finance hub status -  S&P Global

  • Expat Bankers Fleeing Hong Kong See No Easy Escape to Singapore -  Bloomberg

  • Goldman Sachs Boosts Hiring of Dealmakers in Singapore -  Bloomberg

  • Goldman Sachs, JPMorgan lead the pack on record junior banker pay -  FN London

  • Sabbatical, leave programmes part of banks' arsenal to attract and retain talent in Singapore -  Straits Times

  • HSBC plans hiring spree in bid for Asian wealth -  FN London

  • Standard Chartered Slashes Its Singapore Office Space by Half -  Bloomberg

  • Citigroup to keep hiring in private banking push amid growth, rivalry in China's Greater Bay Area -  SCMP

  • UBS wants to be the anti-Goldman when it comes to flexible work -  Fortune

  • Junior Goldman Sachs bankers threaten to quit over demands they return to office five days a week -  Daily Mail

  • SocGen to Move Traders From Hong Kong to Singapore -  FI News

  • Hong Kong's bankers desperate for a deal to save their jobs -  eFinancialcareers

  • Fed up with COVID lockdown, bankers, fund managers looking to leave Shanghai -  Reuters

Technology & Fintech News

  • Green hiring went up by 15% in 2021 with most of the recruitment of green workers came from the finance sector -  SBR
  • Two-thirds of senior executives in Hong Kong, mainland China expect pay rise due to talent shortage -  Yahoo
  • Two-thirds of senior executives in Hong Kong, mainland China expect pay rise due to talent shortage -  SCMP
  • eFinancialCareers virtual event connects employers with female technologists in SG and HK -  eFinancialCareers
  • Facebook no longer making available its ‘Jobs on Facebook’ feature worldwide since February 2022 -  MalaysiaKini
  • Four in five employees are open to taking on overseas jobs that can be performed remotely in Singapore -  SBR
  • Singaporeans seeking jobs abroad up by 72% with US being the most preferred destination of work -  SBR
  • New round of Employment Support Scheme to open for application this Friday -  The Standard
  • Two-thirds of workers might seek new jobs if forced back to office - global survey -  The Standard
  • People with disabilities an 'under-tapped pool' of talent which can benefit Asia's workforce -  CNBC

General News

  • Open source is critical to addressing Singapore's tech talent shortage -  Business Times
  • March 2022 Jobs Recap: Tech companies look at new roles in dynamic market environment -  GlobalData
  • Keeping afloat in Hong Kong’s tech ‘talent tsunami’ -  ejinsight

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