High Finance Thread

The thing about a new rotation graduate programme is that some time the firm and managers may be clueless on how to run such a programme properly. They might be good at their jobs, but coaching juniors is different. Running a rotation programme is even more different than simply coaching juniors. No reason to reject the programme if you get it. But be prepared to be more proactive and take ownership of your learning and job placement

Originally Posted by Unregistered

Yeah, the "retail" distribution channel for mosr house is basically working with PB/WM divisions for banks. Not all houses have strong mum and pop distribution. So most are focused on the institutional distribution and private banking.

Not sure if Capital has a big presence in SG previously. But if it is building up its team in SG, then it should be a very good time to be in. Growth phase has plenty of promotion opportunities for new joiners.

Yea I agree, I heard from a current associate that they want to grow their presence in asia, even tho they have been in sg for a very long time (if I am not wrong since 90's). But yet they are only taking in 2 grads hahah chances are slim ...

Originally Posted by Unregistered

The thing about a new rotation graduate programme is that some time the firm and managers may be clueless on how to run such a programme properly. They might be good at their jobs, but coaching juniors is different. Running a rotation programme is even more different than simply coaching juniors. No reason to reject the programme if you get it. But be prepared to be more proactive and take ownership of your learning and job placement

That's good input. thanks, mate

Originally Posted by Unregistered

Yea I agree, I heard from a current associate that they want to grow their presence in asia, even tho they have been in sg for a very long time (if I am not wrong since 90's). But yet they are only taking in 2 grads hahah chances are slim ...

Maybe it is best to reach out to last year's early career hires if you want more input. The program only started in 2021 I believe and yes the intake is very small.

May I check how much is the all-in pay at HSBC for fresh grads in the PB program?

Originally Posted by Unregistered

Think 6-8M bonus is normal for BB

The range for outside of BB varies greatly though... from what I heard IB in HSBC is 1-2 months, while in Evercore bonus is 13 months.

1-2 months bonus for FO role? That's an insult!

Evercore base is already the highest at A1 c.150k++ I heard. That's crazy, meaning A1 analyst will be raking up 300k++ in their first year alone.

Originally Posted by Unregistered

1-2 months bonus for FO role? That's an insult!

Evercore base is already the highest at A1 c.150k++ I heard. That's crazy, meaning A1 analyst will be raking up 300k++ in their first year alone.

Yes, 1-2months for hsbc ib. also heard scb markets target bonus is 10k for fresh grads stated in the contract.

[blahxxx]

Originally Posted by Unregistered

Yes, 1-2months for hsbc ib. also heard scb markets target bonus is 10k for fresh grads stated in the contract.

for scb I believe that's just for the grad program not perm role

Originally Posted by Unregistered

Yes, 1-2months for hsbc ib. also heard scb markets target bonus is 10k for fresh grads stated in the contract.

That's super sad... No wonder my friends from HSBC trying to jumping ship

Originally Posted by Unregistered

That's super sad... No wonder my friends from HSBC trying to jumping ship

super sad? don't forget their fresh grad ib base is 12-13k alr lol. the one that is really super sad is scb.