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Robert Walters Comments On Private Banking In Singapore
Robert Walters comments on private banking in Singapore - how demand still exists despite uncertainties in Europe.
However, the private banking sector is seeing some moderation as European banks ease up on hiring in the face of funding pressures and a global economic slowdown.
Robert Walters' financial services director Pan Zai Xian said: "Recent...reports... showed that salaries (went) up to 25 per cent more (compared to European private bankers), for various levels in the wealth management industry.
"And having said that, the demand is there, compared to Europe these days; it's also because from a client's point of view, a lot of wealth is being generated in this part of the world."
About Robert Walters - Robert Walters Plc is one of the world's largest professional recruitment consultancies, with the largest recruitment team focusing on finance and banking jobs in Singapore.
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