Foreign Bank Incorporated in Singapore must be worried about losing customers. I, for one, had withdrawn quite a bit from my savings account, leaving just the sum that was covered by the deposit guarantee scheme. On top of that, I had also cancelled my credit card.
Now, printed across the bottom of the monthly statement of account, is a gentle reminder that deposits are covered by the guarantee scheme. I have a a feeling that more than quite a few people withdrew their money.
One of their reps called me, introducing himself as my new personal banker, exhorted me to call on him if I needed any of his services, and left me a whole string of numbers at which I can reach him, short of giving me his mother's home phone number and maiden name. I suppose dog walking doesn't count as a service I can call him for.
I had gone through 4 or 5 personal bankers in as many years. The last but one was an analyst in his former job and must've seen the end coming because a good year before the financial crisis broke, he quit to set up a business in Vietnam manufacturing souvenirs. Anything but banking.
So the new guy kept reiterating: "Please give me a call, I'll be glad to be of service."
"So you just joined the bank?"
"You poor, stupid bastard."
And I really felt sorry for him.