MEDIA RELEASE PR41372
Singapore a Prime Target for Banking & Finance Recruitment
SINGAPORE, Sept. 22 /PRNewswire-AsiaNet/ --
With the Asian banks in better shape than their Western counterparts,
Singapore continues to be one of the leading financial hot spots according to
Tessa Dickman, Manager of the new Huxley Associates office in Singapore.
"Statistics from recent research by Pensions & Investments and Towers
Watson show 5 of the Top 10 countries in the sovereign funds rankings are
Asian countries," said Tessa. "The benchmark Singapore stock index has
climbed 29 percent in the past year, and Singapore's strengthening economy
has added to an Asian rebound that prompted central banks to raise interest
rates."
"This is great news for businesses in the Far East and especially good
news for Huxley Associates. Huxley has seen placements of senior Banking &
Finance professionals increase by 43% in the last six months, and with our
Singapore office - the second Huxley office in the Asia-Pacific region -
we're primed and ready to meet the high demand for exceptional Banking &
Finance professionals in this territory."
Singapore has long been a global financial capital and is on track to be
among the world's fastest-growing economies in 2010, after a surge in the
first two quarters prompted the Ministry of Trade and Industry government to
issue a new forecast of as much as 15 percent. The good news about Singapore
is further compounded by the current stability in global markets and the
historic agreement on new capital and liquidity rules for banks. With a
positive reception to Basel III across the APAC banking hubs, Huxley is
confident that it is well-placed to meet the recruitment requirements of its
Asia-Pacific clients. Supporting economic growth at both a global and local
level, Huxley has an extensive database of senior professionals who are based
in Asia, the UK, mainland Europe and the US.
About Huxley Associates
Celebrating 15 years of recruitment this year, Huxley Associates is a
recruitment specialist in Banking & Finance, operating in Australia, Belgium,
France, Germany, Hong Kong, India, Luxembourg, Netherlands, Singapore, UK,
and United States. Providing bespoke recruitment solutions to businesses
within its global and local client portfolio, Huxley appears confident that
its Singapore office will be a boon to the Banking & Finance sector in the
region.
SOURCE: Huxley Associates
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