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T+O+M Partner returns from Asia.

 Ben Tallentire returned from a visit to Singapore last week having spent time assessing the impact of the financial crisis in the Republic. ‘With so many foreign banks, Singapore has suffered a doubly whammy from US as well as European based operations, but they are coping relatively well. Retrenchments in most banks have taken place, some surprisingly quite minor, but more will undoubtedly follow as the crisis continues to unroll’. We have an increasingly strong presence there and plan to expand further into the Asian markets when normal trading conditions resume. 

 The Singapore Government’s support for the industry is obvious, as it pursues its objective of the Republic remaining a key financial hub in the World. ‘I would not be surprised if Singapore is one of the first banking markets to regain equilibrium. The opportunities ahead, once out of this crisis appear tremendous’. Tallentire stated.

Job opportunities are currently limited, but placements due to normal churn are on-going. ‘We have briefs for a hand full of vacancies – some with very specific skill sets. Its T+O+M’s associations in London, New York, Dublin and Hong Kong, that will support us in sourcing these specific needs candidates’ Ben added.

Our Australian candidates are always well sought after and recently placements have been made in India, Hong Kong, and Singapore.

Partner Richard O’Flynn stated the Australian Fiscal sector remains quiet for permanent placements and retrenchments, he hoped, appear to have peaked. However contract appointments remain steady. T+O+M remains one of the largest employers in the financial sector of those seeking to spend 6 – 12 months in Australia.
‘The four pillars of Australian Banking (NAB;CBA;Westpac:ANZ), we predict, will be some of the earliest in the World to regain their momentum and the future looks bright for this market. They are four of only thirteen in the World to have retained their AAA rating’. Richard O’Flynn stated.

For more information phone Ben Tallentire 0412 88 21 11 or Richard O’Flynn 0414 48 40 23
T+O+M launches in Melbourne
Following on from six highly successful years in Sydney delivering executive search mandates for Financial Institutions, T+O+M’s Partners Ben Tallentire, Richard O’Flynn and Grant Movsowitz have announced the opening of an office in Melbourne, Victoria.
T+O+M Singapore expands
Two new staff have been added to help the rapidly expanding office. Partner Ben Tallentire said targets for the first operating year were met and that the growth in the Singaporean middle and back office markets would continue because of a range of Investment Banks making Singapore their regional hub.
Australian banks lending responsibily throughout GFC
The Australian banks have emerged from the GFC as beacons of responsible lending at a time when European and US banks pulled back to focus on their home markets.
Asian office begins with a bang!
T+O+M's Singapore office opened its trading with two above-target months in October and November and featured placements in major international banks.
Australia on top
The recently relased Mid-year Economic and Fiscal outlook has confirmed the Australian Federal budget in May was too pessimistic.
Australian job figures for August
Employment fell by 27,000 in the month and comes after a 34,000 rise in July, reflecting volatility in these numbers which show little underlining trends. The unemployment rate has held steady at around 5% for the past six months.
Upside Surprises
The global recovery is looking decidedly V shaped. The initial phase of the recovery is being driven by an inventory rebuild, but the evidence for a pick-up in final demand is mounting: just look at global car sales and the turn in the US housing cycle now starting to get underway.
T+O+M opens office in Singapore
Announcing the opening of their Singapore office, the Partners of T+O+M foreshadow the emergence of the successful Australian Financial Services Recruitment Company to a broader role in the Asian region.
T+O+M Partner returns from Asia.
Ben Tallentire returned from a visit to Singapore last week having spent time assessing the impact of the financial crisis in the Republic.
Future brighter for Aussie Banks.
The reporting season is now well underway and of the twenty eight major companies reported, ten of them have exceeded expectations – the largest surprise came from CBA – Commonwealth Bank of Australia – which predicted a first half profit for ’09 of aud $2billion
T+O+M bullish about the future.
T+O+M see early signs of a Financial sector recruitment stirring. Arguably, more closely linked to Aussie banks than most other recruiters, T+O+M sees early signs of recruitment activity.
The new reality
In an unsure world, Australia is making impressive economic moves to help lessen the impact of a global recession...