I could not agree more. The banking and Singapore is a small world.Girl_Next_Door wrote:If you are seriously looking for a banking job, I would suggest you shut down your twitter account which is filled with endless whining of you wanting a high paid job and criticisms about the banking industry/headhunters/recruiters. I honestly can't see any value-add that you possessed which would justified a high remuneration, and I can understand why you are not getting any interviews.
The banking industry is very small, and all high paying job involves some form of background checks or sort. Hence, its not difficult for any interested companies/banks to figure out who you are and your twitter account. The last thing any bank want, at this point of time is to hire someone who possessed a conceited attitude and bleat non-stop about everyone and every bank.
My two cents worth.
Very good point. Companies willing to take the risk of hiring an expensive wealth manager now is very low. You see it takes ALOT of time for things to pan out between clients and banks, especially under these uncertain times.durain wrote:if you want a 200k job, can you make back the money for the company 10x more? otherwise why would they hire you?
hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it.
You are ranting on a lot. I'd just like to know one thing... your clients... or perhaps more correctly... your past clients... how are their portfolios looking compared to someone who say... just invested in index funds? Did they beat the market? Have they suffered lower levels of losses? Did you see this recession coming and get them out of stocks and into cash and gold? How are the hedge fund and derivative products that you got them into (high returns, yes?) doing right now? Good?dreamer_swan wrote:hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it.
Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.
But then again we need people like you: http://bit.ly/Et8Ik
I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
For once in 4 years, I can keep it short and sweet, you talk shit, and are not kidding anyone! In fact i would call you a pure amateur con artist, still wet behind the ears! It's been many years since I have used that expression! But a wanker in his 20's deserves all the credit!dreamer_swan wrote:hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it.
Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.
But then again we need people like you: http://bit.ly/Et8Ik
I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
Wow, I can't believe that you are so "noble" in spite of your rants and raves. Maybe we should give you an award for being so righteous?dreamer_swan wrote:@Girl_Next_Door: I am already looking beyond the finance industry and unlike many others I have the family business to fall back on. There are many others out there in the same situation as I am in, many of them much more seasoned professionals and much nicer than me. Yet they are being mistreated by both recruiters and possible employers. Some of these are in their 40s already so you can imagine the damage on their self esteem. NO ONE has been speaking out for the rest of us. I will continue on my quest on trying to find a job, ranting stupid recruiters and employers, and yet to find good recruiter / employer that I can rave about even if they do not hire me or people I know.
Thank you for being able to judge my entire capability without interviewing me, you must be making a fortune. If you or your hubby is in the finance industry, watch out. I hear more rounds of the retrenchment are on their way, then maybe you will understand the rest of us.
Then you know we CANNOT talk about clients. All I can say is that they are still happily in touch even if I am 10,000 miles away from them now.Strong Eagle wrote:You are ranting on a lot. I'd just like to know one thing... your clients... or perhaps more correctly... your past clients... how are their portfolios looking compared to someone who say... just invested in index funds? Did they beat the market? Have they suffered lower levels of losses? Did you see this recession coming and get them out of stocks and into cash and gold? How are the hedge fund and derivative products that you got them into (high returns, yes?) doing right now? Good?dreamer_swan wrote:hope your banker reads this post and realizes what you think of bankers in general, then no one can save you.sundaymorningstaple wrote:I can understand her frustrations but she has brought them on herself (either knowingly or unknowingly) by selling dodgy financial instruments so I would guess that all her contacts might be for naught with the minibond scandal hovering around like a dark cloud. Being a purveyor of dodgy investment products is not going to be the highlight of anybody's resume regardless of whether or not they were aware of it.
Many of those fired in Sing have never even sold toxic products, so forgive us bankers if we stare at you like a misfit wherever you go.
But then again we need people like you: http://bit.ly/Et8Ik
I hope your are able to pay your recruiters in your agency instead of throwing them on the street like other cr*p companies
Yes? Kudos to you. I might sign up. No? Then 'wealth manager' is a misnomer. And study after study confirms that wealth managers and other investment 'specialists' usually perform worse than an index fund average. This is really not too hard to understand for a variety of reasons, including the fees that must be extracted from clients to pay for your 'high paying job' and the even higher paying job of your boss.
So, you'll forgive me if I say your truculent attitude is very self serving and self defeating. If you really improved your clients' portfolios, including in this recession, then you'll have no problem getting a job... that's a hell of a track record... and investment and private banking would kill to have you.
And if you don't have that track record? Then it is economic and capitalistic justice that the whole lot of ego inflated miscreants of the investment banking world that are largely responsible for this current recession should be tossed out on the street where they can no longer do damage to either an individual's economic well being, or the economy at large.
'Wealth Management' is in itself a rip off. How is it that YOU... a gifted 30 or 40 years of age... can consistently beat the market for a variety of clients when ETF's, index funds, and the best managed funds set the bar over time? No, investment bankers know, just like everyone else, that ETF's or index funds will provide the same return in the long haul (or better)... it's just that there is no money to be made.... a built in conflict of interest. And I challenge you, for any amount of money you might wish to bet, what skills you possess that can enable you to be a 'real wealth manager' and not a basic lackey that reads the same rags as everyone else, makes trade recommendations, and rakes in the fees.
If that sounds harsh, that's how it is intended to sound. I've heard a trash bin full of explanations how bankers create value and wealth... and when it is all said and done, it is bullshit. Bankers extract fees for financial services... that is the bottom line.
I'd bet money your entire raison d'être for what you do is to get rich, not build a better mousetrap, serve, or work for a higher calling. OK... maybe not the entire reason... part of it is also having a cool office for meeting rich clients and the self importance of 'being someone'.
So spare me your self righteous indignation over the posts that have been made about you and your attitudes. Welcome to the real world. You produce, you get paid. You don't produce, you sweep floors.
Noble? Who's claiming to be noble? Definitely not me. Maybe some people out there are..Wink! Wink!Girl_Next_Door wrote:Wow, I can't believe that you are so "noble" in spite of your rants and raves. Maybe we should give you an award for being so righteous?dreamer_swan wrote:@Girl_Next_Door: I am already looking beyond the finance industry and unlike many others I have the family business to fall back on. There are many others out there in the same situation as I am in, many of them much more seasoned professionals and much nicer than me. Yet they are being mistreated by both recruiters and possible employers. Some of these are in their 40s already so you can imagine the damage on their self esteem. NO ONE has been speaking out for the rest of us. I will continue on my quest on trying to find a job, ranting stupid recruiters and employers, and yet to find good recruiter / employer that I can rave about even if they do not hire me or people I know.
Thank you for being able to judge my entire capability without interviewing me, you must be making a fortune. If you or your hubby is in the finance industry, watch out. I hear more rounds of the retrenchment are on their way, then maybe you will understand the rest of us.
I am sure you will bring triumph to the "family business" with your selfless behaviour.
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