Morgan Stanley cuts dozens of investment banking jobs in Asia-Pacific, sources say
Morgan Stanley is cutting at least 50 investment banking jobs in the Asia-Pacific region due to a deals slump, two sources with knowledge of the matter said. The layoffs affect around 13% of the Wall Street bank's Asia investment banking workforce of 400 in the region,
Morgan Stanley‘s CFO on adding talent for dealmaking: ‘We’re looking at opportunistic hires in M&A’
This "bullishness" is based on “a view that corporate boardrooms have been quiet for three, four years, and that is not sustainable,” Morgan Stanley CEO Ted Pick said during the Q&A portion of the firm's earnings call on Tuesday morning.
Australia, China
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Morgan Stanley to cut 50 jobs in Asia-Pacific amid revenue decline. The reductions, affecting 13% of regional bankers, ...
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