Issue no. 01 | August 2011
In this issue ...
Welcome to the first newsletter of Euro Group- eurobuzz! We are excited to keep you informed on the latest updates of Euro Group and industry news in banking & finance, IT and properties on a monthly basis.
Euro Group Launches Newly Revamped Website

We are pleased to announce the newly revamped Euro Group website www.euro-group.com has now gone live! In an effort to redefine the content and identity, the brand new website embodies the Group's forward-thinking vision and strong commitment to the growing needs of its clients. Euro Group has made a more user-friendly layout and an updated look to match the Group's new branding.

Check out: www.euro-group.com
Current Trend of Talent Market in Banking and Finance

The talent market started to feel a bit of headwind after we get into July. Besides the seasonal effect, more importantly quite a few global banks are struggling to beef up their revenue. The fast climbing operating cost and bumped up employees' salary take into account for this. Here are the latest happenings in the job market.
  • Goldman Sachs plans about 1,000 job cuts (Source: Bloomberg)
  • Credit Suisse plans to cut ~2,000 jobs, lower costs by 1b Swiss francs (Source: Bloomberg)
  • Morgan Stanley may eliminate more jobs at its wealth management unit. The firm cut 300 brokers at the division in the first quarter (Source: Bloomberg)
  • Barclays Plc (BARC) cut as many as 50 jobs in its equities division worldwide (Source: Bloomberg)
  • UBS plans about 5,000 jobs to save $1 billion Swiss francs per year (Source: The Economic Times)
  • HSBC will cut 30,000 jobs (Source: Reuters)
The Cloud Computing Asia 2011
18th August, 2011
Marina Mandarin, Singapore

The Cloud Computing Asia 2011 is right around the corner! This half-day executive breakfast forum brings together IT Professionals, CEOs, CTOs, thought leaders, business strategies and academicians for real case studies on best practice integration and strategy of cloud services and SaaS technologies, key security issues and weaknesses in cloud computing, emergent trends in the industry, combined with multiple networking opportunities. Look for updates on the forum. See you in the Lion City!
Cubik Secures Temporary Occupation Permit (TOP)

Euro Properties' completed project "Cubik" in Singapore successfully obtained the certification of Temporary Occupation Permit (TOP) recently. Many owners have collected their keys and some have commented:

"The Cubik is very modern and my wife loves it. We both think Cubik is very nicely located at the eastern part which means a lot of convenience to us. The interior decor is very attractive and elegant. The developer definitely put a lot of effort into designing the unit", Kevin commented.

"Very nice project....It [Cubik] looks very sleek and elegant. The units are all well layout and efficient too. Comparing to other developments, this one looks the best. Well Done!", Thomas said.

For more information about the Cubik
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