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Old 18-05-2021, 11:55 AM
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My advice to all aspiring finance professionals is to not stay in a local bank for more than 3 years. 5 years max. Local banks like to use their strong branding to lowball job applicants. For the same skillset you could be getting 20-50% more in an international bank or BB. But what you have to give up is job stability. If you have kids or parents to support or a mortgage to pay off or simply looking to retire without further career growth, you can consider joining a local bank. That's why if you're a fresh grad or below 35 without financial obligations, staying in a local bank is career suicide.
Depends on the bank. DBS definitely pays better than HSBC/Citi with bonuses included lol

Of course tier 1 BB is the best but working at somewhere like SC/HSBC is the worst of both worlds. Low job stability and pay also not high
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