Several global recruitment firms have told CNBC they’ve seen a significant increase recently in the number of European bankers wanting to relocate to the Southeast Asian city-state.
According to Stella Tang, Director at recruitment agency Robert Half, there has been a 20 percent increase in investment banking applicants from Europe since 2009, with Europeans now overtaking the Americans.
At recruitment firm Hudson, more than 50 percent of inquiries for Singapore-based finance jobs have been coming from Europe since September last year, with the majority of applicants looking for investment banking roles. Full story