Singaporeans better in banking jobs

13 Jul 15, a Business Times article by Fiona Lam reads, ‘Banks in Singapore act to deepen local talent pool’. I am delirious. I think I might end up in IMH after reading the content and the comments made by the respective drones in HR. Why was Tharman talking about building a Singaporean core in banking and finance? Yes, you know the answer. For the last couple of decades, these drones could not find Singaporeans worthy of banking and finance jobs. So they went all out to hire foreigners, fakes and cheats also can, you can bet there are plenty of them entrenched in the banks.  Today, after all the kpkbs in the social media, they finally acknowledged that they had shortchanged and sold out the Singaporeans by replacing them with foreigners in this vital industry. Singaporeans were not talented, no skills set, in other words unfit to be bankers. Bloody hogwash!

Now you know what I am getting mad at? Listen to these drones and their comments. Oh, they are all starting to recruit Singaporeans to build a Singaporean core in banking and finance since yesterday. Wait a minute, aren’t they taking a big risk hiring untalented Singaporeans for banking? If Singaporeans are no good, (how can they be good overnight?) they must not be recruited into the industry just because we want a Singaporean core. They must be recruited based on  meritocracy, not nationalities. Are they not taking a big risk, compromising the interests of the banks? Who built OCBC, UOB, OUB, Tat Lee Bank, Chung Kiaw Bank and all the local banks? Not Singaporeans right?

Ok, here is one comment by a ‘Neil Clark, director of finance job site efinancialCareers, hiring managers here are showing a preference for local manpower. “This is because local candidates have a solid understanding of the operating environment and business culture, and are lower risk hires in the long term.” ‘ Wow, wow, say that again? Is he mad or what is he smoking? Are you telling the truth or you just discover the truth, that Singaporeans are better hires? Then why were the banking industry hiring foreigners in the last two decades instead of Singaporeans leading to this ugly and pathetic state that required govt intervention?  What cock?

JP Morgan’s de Josselin said, ‘wherever possible, it prefers to hire Singapore citizens and permanent residents.’ Pardon, me, who were JP Morgan hiring in the last two decades, Singaporeans, PRs or foreigners? How many Singaporeans are there in the bank versus foreigners?

Here is another one, ‘Theresa Phua, Singapore head of human resources at DBS, said homegrown staff also have a wider network and connect better with local clients.’  Ooooh, how come I dunno?  Thank you for saying that. Many people need to be educated on this, including the govt and CEO’s of banks and their top management. And here is the catch. ‘DBS has been recently focusing on local manpower…’  Recently? What was DBS hiring before recently focusing on local manpower? Why recently? How recent?

‘At Credit Suisse, the proportion of Singaporean staff has grown steadily over the past three years, said Lito Camacho, the bank’s vice chairman for Asia Pacific.’ So things are starting to change only in the last three years.  By the way, more than 70% of its employees are Singaporeans and PRs. Oh, how many are Singaporeans and how many are PRs? Can tell or not?

Why the volte face? Why the sudden interest in Singaporeans? As they said, the horse has bolted and they are trying to close the door to the barn. After two decades of damage due to reckless discrimination against Singaporeans, and a generation lost, the drones are droning a different tune. What would happen if Tharman had not spoken about a Singaporean core? Would it still be foreigners good, Singaporeans no good. Foreigners talented, got skills set, Singaporeans untalented, got no skills set? Is this another election gimmick to appease the angry Singaporeans?

My head is spinning and my eyes are rolling. What is happening? I must be having too much intoxicant? I am now in Alice’s Wonderland.

PS. Which bank wants to employ me, a true blue Singaporean, just to vet and clear the deck of fake degrees and degree mills? My biological age is 45 as fit as any 45 year olds.