Against the gloomy backdrop of the mortgage crisis and market turmoil, Singapore’s financial industry showed its resilience when Contact Singapore took the action right to the heart of the world’s financial markets – London.
On 5 April 2008, Contact Singapore (Europe) jointly organised Careers@Singapore (Financial Services) at Millennium Gloucester Hotel London where more than 350 finance professionals and students heard from senior representatives from Contact Singapore, the Monetary Authority of Singapore and senior management of Government of Singapore Investment Corporation, Credit Suisse and Citigroup on the latest developments in the financial sector, and had the chance to network with 10 headhunters from leading placements firms with offices in Singapore.  More than 200 Singapore-based job positions (and many more vacancies) in the financial services sector awaited the eager crowd.
And a diverse crowd turned up. Many were professionals working in the City, some with more than 10 years of working experience. Others were postgraduates of top Business schools in Europe, eager to take in lessons outside their classrooms, and of course, seek out job opportunities for their next career move. Even freshmen could be spotted hobnobbing with top honchos from the finance industry paving the way for their first job, perhaps in dynamic Asia.
Questions came fast and furious when the session was opened to the floor. Most tellingly, many were interested as to whether Singapore could weather the current crisis in the U.S., which looks increasingly likely to envelope the world. While most panelists reflected that no one in the global economy is immune, one participant perhaps summed it up best during networking lunch – the fact the financial institutions in Singapore are still steadily recruiting in London and New York (on 17 May) in this period of uncertainty was glowing testimony of how far the finance industry in Singapore has come. Such resilience would only increase the confidence of job seekers that Singapore could yet chart a steady course in the choppy seas ahead.

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