Bank hopping, salaries and bonuses

In a recent survey published by eFinancialCareers, 77% of participants say that the power of negotiation lies with employers and not candidates as expectations on salaries and bonuses boom.

Bank hopping has been a lively theme this year and has picked up steam in the past month when not a day has gone by without headlines of a recent hire or bank restructuring.

“There certainly was musical chairs’ at the start of the year,” said Fraser Douglas, a fixed-income specialist at Hutton Consulting in Hong Kong. But as market conditions and investor appetite deteriorated, hiring began to tail off, only to pick up again...

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