Quality FTs coming
(SINGAPORE) Thousands of job cuts in US and European banks - a fallout of the sub-prime mortgage crisis - are forcing bankers in those countries to seek jobs further afield. And they are showing interest in a region still relatively insulated from the crisis: Asia, particularly Singapore. 'It used to be difficult to get any senior finance professional in the US interested in moving to Asia. Now we are getting way too much interest!' This is the best news for Singapore. Real and quality FTs from the US are coming here. Let's start to be more selective and pick the best instead of any donkey that carry a foreign passport. This is a great opportunity for the banks to upgrade their mediocre talent pool and transform themselves into real international banks. As for the not so talented locals or those not so talented FTs who are already here, please make way or seek employment elsewhere. The best are coming.