Citibank lost so much money in the subprime crisis through bad banking practices and had to be balied out by federal government
Citibank is a ultimate loser bank and 4,500 loser graduates here apply to serve them, using government nanny or nehneh help
Singaporeans got no pride, our future is gone with this bunch of useless losers
Business Times - 02 Jul 2009
http://www.businesstimes.com.sg/sub/news/story/0,4574,340072,00.html?
Fresh grads rush in for jobs, banks may oblige
But some banks have openings only for less than 10% of applications
By SIOW LI SEN
(SINGAPORE) Thousands of fresh graduates continue to make a beeline for jobs in the financial industry, unfazed it seems by its less than sterling reputation and reports of retrenchment.
Some banks have been overwhelmed by the thousands of job applications from hopeful graduates - although they have openings only for less than 10 per cent.
Citibank said that to date it has received 50 per cent more job applications or as many as 4,500 from fresh graduates. In previous years, it received 2,500 to 3,000 applications from fresh graduates hoping to land a job under its management associate (MA) programme which takes in 20-30 people.
In May, Citibank said that it will be hiring 200 fresh graduates under its own MA programme as well as under the Monetary Authority of Singapore (MAS) scheme.
The MAS scheme subsidises graduates' allowances over the next one to two years to encourage financial institutions to take them in.
MAS said in March that it will set aside $15 million for the initiative.
Lee Yan Hong, Citi Singapore human resource director, said that the recruitment process is still ongoing and progressing well.
The new hires will fill positions under three talent recruitment initiatives, namely the management associate, banking associate and banking trainee programmes, she said.
The latter two were new programmes specially created to be aligned with the MAS scheme.
Citibank is a ultimate loser bank and 4,500 loser graduates here apply to serve them, using government nanny or nehneh help
Singaporeans got no pride, our future is gone with this bunch of useless losers
Business Times - 02 Jul 2009
http://www.businesstimes.com.sg/sub/news/story/0,4574,340072,00.html?
Fresh grads rush in for jobs, banks may oblige
But some banks have openings only for less than 10% of applications
By SIOW LI SEN
(SINGAPORE) Thousands of fresh graduates continue to make a beeline for jobs in the financial industry, unfazed it seems by its less than sterling reputation and reports of retrenchment.
Some banks have been overwhelmed by the thousands of job applications from hopeful graduates - although they have openings only for less than 10 per cent.
Citibank said that to date it has received 50 per cent more job applications or as many as 4,500 from fresh graduates. In previous years, it received 2,500 to 3,000 applications from fresh graduates hoping to land a job under its management associate (MA) programme which takes in 20-30 people.
In May, Citibank said that it will be hiring 200 fresh graduates under its own MA programme as well as under the Monetary Authority of Singapore (MAS) scheme.
The MAS scheme subsidises graduates' allowances over the next one to two years to encourage financial institutions to take them in.
MAS said in March that it will set aside $15 million for the initiative.
Lee Yan Hong, Citi Singapore human resource director, said that the recruitment process is still ongoing and progressing well.
The new hires will fill positions under three talent recruitment initiatives, namely the management associate, banking associate and banking trainee programmes, she said.
The latter two were new programmes specially created to be aligned with the MAS scheme.