Banks in singapore still prefer foreigners, only want to 'pretend' to look for locals

[eErotica69]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

Those are small time retail banks. Try the more posh banks (Citibank, Stanchart, HSBC) and the corporate banks (e.g. Deutsche Bank, Credit Suisse). Too many foreigners.

Again, this is another nonsense that had started when Lee Hsien Loong became the PM and liberalized the banking industry. It's also around the same time when interest rates fell to encourage more borrowing/lending.

Nothing happens by accident.

Sure. But during the GCF, these big names nearly went bankrupt. .

 

[kingrant]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

These HR Managers are stupid fools. Putting our banking sector in the hands of too many foreigners mean selling our heirloom away. In years to come, there will be no Singaporean at the helm of our banks. Look at the global mess atbanks like Citibank, stanchart, UBS. When the chips are down, foreigners will pack up and run away. They are here only because happy times are here. The govt is at fault for helping lead the charge in the first place and now they are pulling back. Temasek is still hiring lots of Indian nationals to do their banking and finance. How can S'pore be a international banking and finance hub but without any locals on it?

 

[kingrant]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

That is why I am pulling out my funds with DBS, and parking them more with UOB and OCBC.

I was surprised that HSBC HK and ANZ (Aust) also have lots of these cockroaches.

I think the only local bank that has minimal FT is UOB, including the Management.

OCBC and DBS have a few at the top, but below that, most are Singaporeans.

 

[underMIND]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

screw them la!! All act yi ge!! Prefer foreigners.. Singaporeans where not good?!

 

[kingrant]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

You watch now the IIMPACT conference. Laser point focus on India-Singapore cooperation. Lots more coming this way. yet 10 years, still no Singapore foothold in India.This PAP govt has really pawned us and our future. Everything open up for India nothing in return for us. Fucking PM.

Ah, but that won't help to fulfill the Population White Paper.

You know they're hell bent on making the population target a reality.

I was at an MRT station the other day and there were SMRT employees with white gloves ushering crowds. That was unthinkable back in the mid-2000s.

Until the Sinkies wake up and grow some balls, nothing is going to change. The situation is going to get worse and worse until something ugly breaks out.

The PAP does not factor in social costs in their policies: that in itself is all the reason you need to vote them out. You don't need to be distracted by other issues. They can harp on their track record, economic growth, Pioneer Package etc but those are just noise.

 

[syed putra]

Re: Banks in singapore still prefer foreigners, only want to 'pretend' to look for lo

Foreign banks of course prefer employees from their respective countries.