
Indian supervised computer system caused chaos in RBS
Natwest has shed 30,000 jobs since taxpayer rescue in 2007, including 20,000 UK positions, and has outsourced work overseas Insiders say many of the bank's support teams are now based in India, where they earn between £9,000 and £11,000 a year Bank staff union Unite questions whether 'off-shoring' job cuts have left Natwest...

Temasek’s China Bank Gains Offset By Euro Crisis: Southeast Asia
Bloomberg- Jul 4, 2012 Temasek Holdings Pte’s sale of Chinese bank shares probably helped Singapore’s state-owned investment company weather losses from the European debt crisis in the past year. The company sold shares in China Construction Bank Corp. (939) and Bank of China Ltd. in the year ended March, profiting from...

Singapore is not good model for developing country
News Today- June 4, 2012 When Myanmar’s reforming President Thein Sein visited Singapore in January, officials there offered lessons on how to modernize and attract foreign investment. Singapore’s eagerness to court Myanmar’s ruling generals has been a diplomatic feature of the international community’s two decades of...
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