Executive Moves
HSBC Sees Talent War Driving Up Asia Wages Amid Global Job Cuts
HSBC Holdings Plc, which plans to eliminate 30,000 jobs globally by the end of 2013 to curtail surging salary costs, said a “war for talent” in Asia will drive up compensation for bankers in region. “The turnover in Asia-Pacific for every bank, for the industry, is quite high,” Peter Wong,…
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Click here to read the full story: Business Week