The Bank of Singapore (BoS) has increased its headcount by 40% and is still continuing to grow. BoS was created in 2012 when ING Asia Private Bank was taken over by its parent bank OCBC.
The total headcount of BoS has grown 40% from just over 700 at the end of 2010 to nearly 1000 in March 2013. Most of these employees are based in Singapore although the Hong Kong office is growing too.
The bank is continuing to recruit now. It has also announced some senior hires they gained from rivals including UBS, Coutts and HSBC. CEO of Singapore said that BoS attracts such talent because of the strength of its parent company as well as its unique position as a Singapore head-quartered private bank.
SOURCE: Efinancial careers 22/07/13