17 May '11, 9am

HSBC to go on massive hiring spree in Singapore, China

HONG KONG - Banking giant HSBC said Tuesday it will employ at least 2,000 extra people in mainland China and Singapore over the next five years, as it seeks to tap the fast-growing Asia Pacific markets. The Asia-focused British lender plans to hire at least 200 staff in China each year until 2016, and another 1,000 in Singapore during the period, a spokeswoman from HSBC Hong Kong's office told AFP. "Asia is a very important part of our overall growth strategy," she said, adding "we continue to invest and attract the best talents in Asia to capture the wealth segment in Asia." The bank, which is headquartered in London, currently has 5,000 employees in mainland China and 3,500 staff in Singapore. The spokeswoman said the hiring plan did not specify in which areas the new employees will be hired. The massive hiring plan comes after HSBC, which survived the 2008 global financ...

Full article: http://www.channelnewsasia.com/stories/afp_asiapacific_bu...

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