Local bank employers all very frog in a well kind of mentality. To them, joining a local bank makes sense because locally the bank has a big consumer base eg. Dbs. Thats all. They dont think about getting international brand name and rep because they have never imagined themselves working overseas or even living overseas. To them, singapore is all there is. Its the safest and most comfortably secured country to live their lives. Nothing wrong with that kind of mentality, we are brought up to not question too much and dont be too curious about the world beyond our shores. This is what keeps us living and working in singapore. Singapore cant afford a brain drain because manpower is all there is in a country without natural resources and therefore this narrative was created.