application questions: Am I screwed?

Hello dear monkeys,

have been reading this site for a long time and had benefit from it a lot :). Now I am have a real problem and would like to ask for advice.

around 2mth ago I was called up for an interview with a FI desk in an EU bank in HK, and it actually went on quite well. After 2 weeks, I was told by the MD via the phone that they would like to give me an offer, I shall just wait for the contract. The thing is up until now, I still cannot have it.

The HR I've been talking to keeps telling me that their management is review the headcount budget thus I should sit back and wait. the MD also told me the same thing such as I need to bear with them coz it's gonna take a bit of time.

Now I am getting really worried becoz of this Europe thing and this bank is among those mostly hit (think about a French house).

Am I screwed? Does it mean that they are awkward to make any offer that I might end up getting nothing? Appreciate u guys' opinions..

8 Comments
 

it's looking pretty bad, even for the formal recruiting cycle - rumour is that a lot of the bb shops in europe is in a hiring freeze right now.

Not to be cheeky or anything, but a good indicator of how screwed you are is to look at the inverse percentage of your bank's stock as a % of June highs.

the hunger for more
 

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