Unregistered |
17-11-2016 09:48 AM |
Quote:
Originally Posted by Unregistered
(Post 92063)
Sure. But given that more banks are retrenching, merging or scaling down investment and private banking, would there not be fewer demand for compliance staff ?
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For investment banking and from a broad perspective, of course. Scaling down of the business will result in the whole business line's decreased demand for staffing, not just in Compliance. Having said that, the retrenchment and decreased demand for Compliance personnel in this field is much more gentle compared to many departments.
Private banking is booming right now. There are heaps of my Compliance peers on the CIB side that will jump at the chance to move over to PB. Lots of openings and hirings, albeit they tend to cherry pick candidates with prior experience in PB specifically.
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