Hong Kong’s Hang Seng Bank has topped Bloomberg Markets’ ranking of the world’s strongest banks for the second year in a row. As its parent company HSBC continues to reduce costs globally after shedding 87,000 job cuts since 2011, Hang Seng appears the model of sustainable, locally-focused growth.
The good news if you’re looking for a banking job in Hong Kong is that Hang Seng is also recruiting in the city – and recruiting big.
It has a massive 298 vacancies available right now, according to its careers website. And while a good chunk of them are retail roles, there are openings right across the firm, as the chart below shows. Hang Seng should be a serious consideration for candidates looking for IT and governance (risk and companies) roles – it as 48 and 91 vacancies in those sectors respectively.
Meanwhile:
SFC fines Nomura for hiding a rogue trader (Business Insider)
Private banks say Asia debt shielded from panic in China, Greece. (Bloomberg)
Short selling not to blame for stocks rout: Markit. (South China Morning Post)
DBS mulls expanding retail banking in India. (Economic Times)
BNP Paribas to buy India’s Sharekhan in brokerage push. (Reuters)
Bets rise that China’s yuan will fall. (Wall Street Journal)
Singapore unemployment edges up in Q2 amid softer economy. (Channel News Asia)
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