Singapore’s role as the wealth management center of Asia has been strengthened by the growing number of millionaires in the region, but it’s also being challenged by a shrinking pool of workers needed by the sector.
Despite the recent slowdown and market volatility, private banks in Singapore have not stopped hiring. Says a 38-year-old private banker who has been working in Singapore for the past six years, “While we are worried about the falling value of our clients’ assets, there is no dearth of jobs for us. I still get calls from 2-3 headhunters every day.” Full story
