Standard Chartered is restructuring its global mergers and acquisitions (M&A) team to focus on target sectors and drive greater efficiency to support its customers, as investment bankers struggle to generate …
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 per cent of the reductions in Hong Kong and China, …
“We will continue to do the business that we are doing and continue growing,” said the bank’s president and chief operating officer Daniel Pinto during an interview in Hong Kong. …
Wall Street investment banks have seen some significant lay-offs. Goldman Sachs’ headcount fell 7 per cent globally in 2023, while Morgan Stanley and Bank of America reported a 2 to …
“The basic structure of the domestic capital market is different from that of foreign countries,” said the manager, who requested not to be named as he was not authorised to …