Around the Globe: Non-native London bankers make more than natives
Non-British financial services professionals in London earn more AND are better educated
Once in a while, a glimmer of xenophobia flickers across the comments left on this site. European financial services professionals in the City are accused of being "Eurotrash," as in, Glasgow's not that bad. Less Eurotrash for a start... Those comments may well originate in jealousy and resentment: non-British employees in the City are higher paid and better educated than their native peers. [Sweden]
Foreign banks slow down their hiring in China, but DBS continues to grow
As many foreign banks make major job cuts in Western countries, some have also slowed down or frozen recruitment in China. But DBS seems to be bucking this trend. [HK]
Investment bankers are moving to wealth management, private bankers are moving to private equity
Investment bankers in the Middle East are facing job cuts and, with a lack of new roles in the sector, they should be considering their options. One of these options is a switch across to wealth management - something people are doing with increasing frequency. Meanwhile, top private bankers - who have no shortage of opportunties in their space - are being lured across to private equity firms. [Middle East]
FIG hiring is still fairly big hiring
Financial institutions group teams have been generally immune to the trimming of 2011. If anything, banks have been bolstering their ability to offer financing and M&A advice to their fellow financial institutions. FIG hiring may even continue next year. [UK]
Candidate Blog: Don't make my mistake - only apply to MBAs which will get you a finance job and won't turn you into a consultant
It's autumn. Thousands of prospective MBA students are out there canvassing campuses, studying for their graduate management admission tests and asking former colleagues to write them recommendations that could possibly change the direction of their lives. They are in pursuit of the dream embedded in glossy brochures that an MBA degree will lead to better futures. [China]
Morgan Stanley: These are three questions we'll ask during an interview, and the answers we want to hear
Any job interview is the perfect chance for you to sell yourself to a potential employer, but many questions give you as much opportunity to slip up as they do to shine. If you're applying to an investment operations role in Scotland, here are three types of interview questions you'll encounter, and my guide to ensuring the answer you give manages to impress. [Scotland]