Bankers | South China Morning Post
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Bankers

British bankers face annual competency checks under proposed law

The proposal would also subject senior bankers to be assessed against a recognised code of conduct. Photo: Reuters

Britain’s senior bankers will face an annual competency check under new laws being drawn up in Parliament to reform the British banking sector and protect it against future crises.

Wednesday, 27 November, 2013, 11:32am

Why top bankers deserve to be paid huge salaries

Photo: EPA

I sympathise with the outrage in this Barclays memo. The very people who plunged the bank into trouble and who should have been sacked, or at least seen their pay cut, still think they deserve huge salaries.

9 Apr 2013 - 4:25am 8 comments

Foreign banks in China to tame pay and slow hiring: Robert Walters

Foreign banks are offering mainly front-office, corporate banking jobs that focus on generating revenue. Photo: Xinhua

Hiring in Beijing will remain low as global economic uncertainty continues and employers strive to control costs, according to Robert Walters's annual survey, which did not forecast specific hiring levels.

21 Feb 2013 - 6:07am

Government looks for a new director of public prosecutions

Shek Kwu Chau

We have been talking for some months now about the interest on the part of Director of Public Prosecutions Kevin Zervos in becoming a judge. We see that the first shoe in that scenario dropped over the weekend with a government advertisement for a director of public prosecutions. This implies that Zervos has tended his resignation.

30 Nov 2012 - 2:53am

IPO preview: investment bank spin

Property insurer PICC Group hopes to raise US$3.6 billion. Photo: Bloomberg

The IPO of one of the mainland's largest property insurers, The People's Insurance Company of China, which is currently undergoing bookbuilding as it seeks to raise up to US$3.6 billion, is setting a bit of a record with no less than 17 bookrunners - or senior underwriters - assigned to gather orders from institutional investors.

26 Nov 2012 - 2:17am

Wall St bankers in line for poor 2012 bonuses

Wall Street banks, including Morgan Stanley, have cut more than 9,000 jobs in the past year as deal and trade volumes fall. Photo: AP

Wall Street banks are deflating their employees' pay expectations to avoid a replay of last year when cutbacks on bonuses and increased deferrals surprised bankers and traders.

14 Nov 2012 - 2:58am

The making of tycoon Guo Guangchang

Guo Guangchang, the chairman of the Fosun Group, is widely recognised as a value investor and swift decision maker. Photo: Bloomberg

When three graduates from Shanghai's prestigious Fudan University set up a small venture about two decades ago, they probably never expected the company would become an icon of the mainland's fast-growing private businesses sector.

7 Nov 2012 - 11:18am

Putonghua rises in jobs importance

Wanted: job candidates who speak Putonghua.

In Hong Kong these days, more and more bankers need to be able to speak the language, given the increasing amount of business related to mergers and acquisitions, wealth management, corporate finance, new stock market listings and credit risk that involves mainland clients.

29 Oct 2012 - 9:57pm

Dealmakers return to face job nightmare

Dealmakers return to face job nightmare

A few weeks ago, as they headed off for summer holidays, bankers thought better days for dealmaking must surely be ahead. Wrong.

With the market window for initial public stock offerings now looking more firmly shut, the banks have embarked on another round of lay-offs, even clipping some highly paid managing directors to cut costs.

13 Nov 2012 - 12:46pm

Lai See

Government that ditches records must have something to hide

15 May 2012 - 12:00am

External learning expands horizons

Banks and other financial institutions offer comprehensive training programmes to introduce recruits to the sector and give them a good grounding in the skills needed to build a successful career.

But after a certain point, there is a limit to how much they can teach.

21 Apr 2012 - 12:00am

Growing buzz about Hong Kong's next 'God of Fortune'

While the battle for the city's new chief executive has yet to formally kick off, bankers and brokers have began speculating about who will be the new 'God of Fortune' - the financial secretary.

11 Oct 2011 - 12:00am

Events

Today: French Chamber of Commerce breakfast: 'Women leadership: Becoming entrepreneurs of ourselves'. Hong Kong Bankers Club.

British Chamber of Commerce breakfast: 'Selecting and managing distributors'. Hong Kong Club.

American Chamber of Commerce lunch: 'Overview of waste management in Hong Kong'.

12 Apr 2011 - 12:00am

Fifth of policy advisers replaced

The government has replaced a fifth of the members of the Commission on Strategic Development, but an insider and an academic still doubt it can produce solid and creative policy proposals.

Seventeen appointees were yesterday named to the 69-member commission, replacing 15 who are leaving next month. They will serve a three-year term.

26 Jun 2009 - 12:00am

Hong Kong still has trouble attracting talent, says panel

The city's ability to attract and develop qualified talent continues to be a key challenge facing the financial services industry as regional and global competition in the sector increases, a government advisory body said.

1 Jun 2007 - 12:00am

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