Singapore Banking & Financial Services H1 2024 Market Report & Salary Benchmarking

by Lucas Tan

How can the Singapore banking and finance industry navigate transformation in 2024?

In 2023, Singapore's Banking and Finance industry started cautiously but gained significant traction in hiring by the latter half of the year. This resurgence in recruitment was largely driven by internal referrals and mobility initiatives, reflecting a strategic shift towards cost efficiency and organisational restructuring. The sector is navigating towards a dynamic and resilient future with a renewed focus on recruitment, internal mobility, digital innovation, regulatory compliance, and sustainability.

This report provides a comprehensive overview of the trends and strategies shaping the industry's talent landscape, offering valuable insights for stakeholders and job seekers.

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