While market conditions may still be gloomy, Citi is doing some selective hiring. It is kicking off an entry-level hiring spree in Singapore, and has also just made some regional managing director appointments in Australia.
The entry-level hires show that Citi is still looking for new dare we say low-cost talent it can build up -- and so Citi Singapore announced yesterday that it plans to hire about 200 new graduates this year, some of whom will be recruited under a Monetary Authority of Singapore MAS scheme that aims to boost the employment of new graduates and develop talent in Singapore's financial sector.
Indeed, the MAS scheme, which was announced earlier this year, will...