Solid hiring intentions were indicated for most services industries, given the positive business outlook. In particular, the financial services sector foresees robust hiring. For instance, Credit Suisse indicated that it would recruit more than 900 staff by the end 2007 for its global asset management and investment banking businesses. Barclays Capital also intends to boost its headcount by 25% for its wealth management and investment banking activies in Singapore over the next three years.
----Macroeconomic Review, Volume V, Issue 2, Oct 2006, pg55, MAS Economic Policy Department
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