Consolidation is the order of the day for Singapore's local banks. In the belief that a closed financial centre can no longer protect its local market, the government has decided to open Singapore up to more foreign banks. It hopes this will encourage its own institutions to become more competitive...more
Consolidation is the order of the day for Singapore's local banks. In the belief that a closed financial centre can no longer protect its local market, the government has decided to open Singapore up to more foreign banks. It hopes this will encourage its own institutions to become more competitive...
