EXPANSION: Mega Financial plans to hire 600 workers to boost its retail banking, while Bank of Taiwan wants to recruit 200 to 250 for its overseas and mortgage operations

Taipei Times
Date: Feb 12, 2019
By: Crystal Hsu  /  Staff reporter

Unfazed by a global economic slowdown, two state-owned financial holding companies yesterday announced plans to hire more workers this year to bolster their retail banking operations.

Mega Financial Holding Co (兆豐金控) chairman Michael Chang (張兆順) said that the conglomerate plans to add 600 employees this year to support its consumer banking business.

The banking-focused company presented its plan last year and there still is ample room for improvement, Chang said.

Mega Financial has focused on hiring legal compliance professionals after being fined by US financial regulators for compliance failures at its US banking branches in 2016 and last year, he said.    [FULL  STORY]