As a result of tightening regulations in the past few years, banks and other financial institutions have strengthened their compliance or risk management departments as a priority, writes Philip Quinn.
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Last year there was a continued demand for relationship managers across all areas of commercial and corporate banking, with the SME (commercial banking) and local corporate sectors (corporate banking) the most active, says John Mullally.
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Investment banks remain very cautious about increasing permanent headcount in IT and operations, with most hiring being for replacement, says Christopher Aukland.
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The concern of Hong Kong employers about the impact of possible economic fluctuations affecting the US, the mainland and Japan is being reflected through salary levels, which stayed steady in the early part of this year, writes Chris Davis.
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