Around the World: Greater Divide Between Locals and Expats

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Discrimination: The great local vs. expat divide

If you haven’t already heard, Singaporeans are increasingly worried that their bosses favor foreigners. Workplace discrimination linked to nationality emerged as the number one complaint in a recently released Tripartite Alliance for Fair Employment Practices report. [Singapore]

Fly on the wall: Here’s what it’s like to be a graduate trainee at UBS

If you’ve ever wondered what it would be like to be a bright young thing being groomed for greater things at a global bank (read: graduate trainee) – wonder no more. [Hong Kong]

Do you fancy working for the CISI in Bahrain?

The timing is, perhaps, a little strange, but financial services training provider the Chartered Institute for Securities & Investment has kick-started an office in Bahrain. The kingdom is, of course, in the midst of civil unrest that has lasted for over a year now and which has prompted some large international financial services organizations to leave. [Middle East]

Boutiques take center stage in pre-emptive grab for funds management distribution talent

Large funds management firms such as Perpetual have recently made cuts to their Melbourne distribution teams, which has enlarged the available talent pool at a time when niche players are considering expansion. [Australia]

Gulf sovereign wealth funds’ push for private equity professionals

If you’re a private equity professional looking for work in the Middle East, you’d be wise to apply to one of the large regional sovereign wealth funds. We’ve mentioned previously that SWFs were looking to hire investment bankers and private equity professionals as they look to structure their own investments, rather than buy into external funds. [Middle East]