Yes, it's not new news now.
DBS is axing 6% of their staff strength (about 900 employees) across their Singapore and Hong Kong operations (news article here).
Usually the end of the bear market is indicated by banks laying off staff. DBS is the first, and probably won't be the last.
STI has rallied, but no I don't imply that the end of the bear is here. The worst seems to be over though.
Discount price, anyone?
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment