According to Bloomberg,
Barclays had 3,500 full-time employees in Singapore in October 2013, according to a press release marking 40 years in the country. That was down from 4,700 about a year earlier, bank data from September 2012 show.
Standard Chartered reduced the number of its employees in Singapore to about 7,400 at the end of 2013 from 7,600 a year earlierOur main stream media is remarkably muted on these events. We only get to hear how good Singapore economy is. Nevertheless seeing shylocks going unemployed is a wonderful thing. I do not have any pity for those in the business of usury, cooking toxic product and creating dynamites everywhere.