No single cause explains the social breakdown, but of all the suspects, inequality certainly played an important role in fanning the flames.
Every bank wants a slice of the Asian wealth pie and many are recruiting in the region, especially the Swiss, it seems.
Not only is Singapore as a whole ranked AAA, but local institutions and companies are rated highly by S&P too. Temasek Holdings is also ranked AAA, for example, as is Singapore Technologies Engineering.
Credit Suisse’s Asset Management division announced the release of a new white paper entitled, “Commodities Outlook: Increased Volatility, Increased Opportunity?”.