Recruitment Market Updates

It's quite clear our clients are feeling the impact of the Covid-19 pandemic today, with the outlook over the next few months not looking much brighter when it comes to talent management and hiring. The more encouraging news is that many of you do not think the possible downturn brought on by the...

02/04/2020

It's quite clear our clients are feeling the impact of the Covid-19 pandemic today, with the outlook over the next few months not looking much brighter when it comes to talent management and hiring. The more encouraging news is that many of you do not think the possible downturn brought on by the...

02/04/2020

It was something I tried to avoid. Right from childhood, throughout my growing years and finally, as I settled to work in the industry, I strived for perfection and steadiness. A minor change was all that was required to throw me off-grid and would often lead me to adopt extreme measures to avoid...

23/03/2020

It’s amazing how many times over the last few weeks I’ve been asked the same question about business and encountered a similar assumption that Morgan McKinley must’ve been hit hard since the outbreak of the virus COVID-19. Yes, inevitably we’ve had to adapt to this new threat which quite frankly we...

18/02/2020

In short, the answer is no. Throughout my several years of recruitment experience in Singapore market, it is safe to say that November and December are without a doubt some of the most frantic months for both my client and candidate's personal and professional lives. When it comes to the hiring...

09/12/2019

1. Market slowing down across Transaction Banking/ Corporate Banking In the first half of last year, we saw a number of newly created roles, especially within the Transaction Banking/ Trade Finance area. Some international banks doubled the size of their Sales team and heavily invested in hiring...

08/05/2019

1. Markets slowing down - a lot of the banks are slowing down their hiring and in some cases there have been a hiring freezes. Further consolidation within the banks has also lead to a reduction of the number of banks involved in hiring. Recently we have witnessed a number of senior ED/ MD level...

04/04/2019

1. Herd mentality There is a growing preference among bankers to move in teams, this is to ensure that the bankers still have the familiarity of their colleagues and also to hedge their bets regarding client onboarding. Also knowing whom they will report into going forward has it's advantages 2...

07/06/2018

The DBS-Manulife partnership, which went live on 1 January this year dominated news in the market for Q3/4 last year. Additionally, Standard Chartered Bank renewed its 15 year region wide tie up with Prudential Assurance in 2014, while Citibank entered into a US$ 1 Billion agreement with AIA in...

05/04/2016

We know that most foreign banks are trying hard to off-shore certain back office functions to low cost locations in Philippines and India. These foreign banks are also running huge programs/ projects for knowledge capability transfer. Furthermore, projects driven by local and regional banks seem to...

27/03/2016