A 37-year-old Paris-based French investment banker, who’s worked in London and New York, has been looking for a job in one of Asia's financial hubs, Singapore, for the past six months.
A director at an asset management firm owned by one of France’s big banks, she asked to stay anonymous, but told CNBC that even her husband, a portfolio manager, was on the lookout for work in Singapore.
She added that they would move to the city-state with their two children as soon as one of them lands a job.
“Singapore seems like a very green field compared to Paris,” she said. “It looks like what Europe was 20 years ago, in the sense it’s got a lot of opportunities in terms of new prospects for the markets.”
The French investment banker is one among a growing number of bankers looking to leave Europe as deteriorating economic conditions together with tougher regulations have slowed business and led to job cuts. Full story...
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A director at an asset management firm owned by one of France’s big banks, she asked to stay anonymous, but told CNBC that even her husband, a portfolio manager, was on the lookout for work in Singapore.
She added that they would move to the city-state with their two children as soon as one of them lands a job.
“Singapore seems like a very green field compared to Paris,” she said. “It looks like what Europe was 20 years ago, in the sense it’s got a lot of opportunities in terms of new prospects for the markets.”
The French investment banker is one among a growing number of bankers looking to leave Europe as deteriorating economic conditions together with tougher regulations have slowed business and led to job cuts. Full story...
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