Finance Industry
Coverage of Finance Industry in the Nexus archive.
- Hong Kong graduates prefer careers in finance, survey finds
Hong Kong graduates view the city’s finance industry as the most attractive and stable sector, leading to higher career optimism compared to global peers. A CFA Institute survey found 71% of Hong Kong graduates rated their career prospects highly, exceeding the 59% global average.
- Most Asia-Pacific firms use AI for tasks without cutting jobs: survey
A survey by Aon found that 74% of 504 Asia-Pacific companies use AI for tasks, but many are adding AI-related roles without laying off workers, contradicting concerns about job cuts in industries like finance.
- Crypto for Advisors: Stablecoins: finance's new rails
The article discusses stablecoins as a new development in finance, providing a stable form of cryptocurrency. Stablecoins are designed to reduce volatility and provide a reliable store of value. They have the potential to become a widely accepted form of payment.
- Wall Street Poised for Bonus Increases in ‘Year of the Bank’
Wall Street is expected to see bonus increases in the upcoming year, dubbed the 'Year of the Bank'. This increase is anticipated due to favorable market conditions. The bonuses are likely to be a significant boost to the finance industry.