Citigroup, already Singapore’s largest financial sector employer, is planning to expand its presence by hiring “a few hundred people in each of the next two to three years”.

With 8,800 current employees, Citi is bigger than Singapore native DBS with 7,000 (though DBS is still largest in terms of assets). Citi’s Singapore presence employs more people than its Hong Kong and Tokyo offices combined. Along with the announcement of staff increases, Citi also unveiled plans to relocate its Singapore headquarters to Asia Square in the city’s new financial district, and create Citi’s largest Asia-Pacific trading floor by headcount.

source: Reuters via Yahoo! Singapore