Absolutely ZERO other exits, about to get fired from HK investment banking, please help!
I am an AN2 at a reputed balance-sheet bank in HK, think MS/HSBC/UBS (ignore title).
A week ago I was given the tap on my shoulder by my seniors and got told to "watch my step", however cryptic that might be. I think I am at risk for getting laid off given my division is currently cutting people.
In the past 12 months, once the layoffs in the HK IB scene started, I have applied to hundreds of jobs, not only in PE but also corpdev, IR, corpfin, AM, whatever. I have gotten completely ghosted by the megafunds, I think only two even run a structured 2-year associate programme. The corporate folks told me my salary requirement is too high and without fail always prefer Big4 candidates (they are more technical than us anyways). In addition, no banks are hiring/everyone is firing. I feel completely stuck. IR/AM always ghost me as they prefer salespeople/IC from private bank. I got completely ghosted.
I thought that IBD would provide so much career optionality/best start to a career in business. But turns out that's not the case for me.If you successfully exited from IBD in Hong Kong in the past few years, could you please comment on this thread on the type of job you exited to, & if you feel comfortable, your compensation range? Really just hoping to get any job in finance if/when I am fired. Your input would be very helpful in determining the type of role I could concentrate all my efforts on.
Someone told you to “watch your step”….
What the fuck type of shit is this? Man this industry is ridiculous.
Get out of asia. No one on the west wants to do business in Hong Kong anymore. Many refuse to even step foot there.
Do whatever you can to come the greatest country on earth.
Not too sure what you mean, could you elaborate on this?
the land of the free and the home of the brave
Heard from a few recruiters that private credit shops are looking for candidates in HK. Any experience there? PC is quite a hot place to be in now. For AN2 probably similar modelling you’ve been doing, just read up more on structuring and outing on a debt mindset.
Quo placeat fugiat et. Aperiam impedit rerum eveniet. Repellendus fugiat ipsa recusandae id corrupti. Magni facilis veniam beatae est.
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