Singapore’s money stashed in Swiss Banks

How much money did Singaporeans stashed away in the safe haven in Switzerland? According to Swiss banking data, foreign money deposited in Swiss Banks amounted to 1.53 trillion Swiss Francs or about US$1.6 trillion. Of these, UK has a 20% share or about 300b Swiss Franc followed by US at 18%. This is followed by Germany, France, Hongkong and Japan with Singapore at 14th position. Singapore is