Originally Posted by Unregistered

May not be good to hear but look, its a simple case of probability.

If you are going to pay globally competitive salaries, like the foreign banks, then you are going to attract talent from a global base, especially given our low tax rates (i.e. a London IB banker will earn the same salary as a Singapore IB banker in a global bank, but the Singapore IB banker takes home a lot more due to the taxes differential). Its hard for 5 million people to compete with 1billion plus in India, and a few hundred million native English speakers in Europe and the US for these jobs.

Plus, its the same thing in HK and London as well. For some coveted foreign bank jobs, the majority of employees would be non-citizens.

So have to climb up of your little well and face the reality of the big world out there.