Quote:
Originally Posted by Unregistered
I’ve also heard about this local bank titles being lower than foreign banks - but I’ve heard it’s 1 band lower... I.e. Foreign bank AVP/AD being the same in VP in the local banks. Can anyone verify this?
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There are so many foreign banks that the difference depends on which you refer to. In any case, the local banks are almost always lower (i.e. inflated titles). This is one way they try to compete for talent with the big international banks, by giving "higher" ranks to boost ego. You know titles are inflated when there are more AVPs than Associates.