Sad sign of the times

http://www.bbtworldwide.com/jobs/job-profile.html?t=jobs+for+redundant+ubs+private+bankers+(asia)&l=hong+kong%2c+central+district&j=2404644&ct2=96

Understanding the recent economic meltdown has added extra pressure on private banks across Asia, we realise redundancies are inevitable. If you were a recent casualty of cost cutting in UBS Wealth Management (HK or Singapore), we would have an array 'Top Tier' private banking of opportunities that could help you get back on your feet immediately.Currently recruiting positions for........

Opportunists? Vultures? Saviours? Data collection?

I would say the latter. With PB revenues down as much as 75% in some institutions, methinks this is still too earlier to invest in any major hiring (golden gooses aside - since $100AUM guys/gals are always welcome).

But what do the unemployed got lose?