18 Mar '11, 10am

Foreign bankers flee Tokyo for Singapore and Hong Kong. Japanese work on - eFinancialCareers Singapore: Financia...

Singapore and Hong Kong are the most popular Asian destinations as foreign bankers flee Tokyo. And rather than putting jobs in jeopardy, firms are accommodating individual, temporary requests to relocate. However, the main danger for employers is that some experienced expats may decide never to return, say headhunters. “With expats being encouraged to go home for their own safety, the profile of the workforce will change, at least in the short term,” says the managing director of a major recruitment firm. Moving on out ICAP is allowing foreigners with families to move temporarily to Hong Kong and Singapore, according to Bloomberg. Blackstone is giving its 28 employees the option of going to a destination of their choice. BNP Paribas has sent about 10 workers to Hong Kong and Singapore, while several senior staff at Citigroup in Tokyo have asked to shift. However, despite w...

Full article: http://news.efinancialcareers.sg/newsandviews_item/newsIt...

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Foreigners flee Japan as warnings mount

Foreigners flee Japan as warnings mount

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