Citigroup retrenches 40 staff in Singapore

Xinhua, 8 Dec 2011
SINGAPORE, Dec. 8 (Xinhua) -- Citigroup Singapore has laid off about 40 staff in Singapore in recent weeks,.....The job cuts, which included senior positions, came as the American bank announced on Wednesday that it would cut 4,500 jobs globally. A spokesman for the company confirmed that there have been layoffs. Full story