financetom
Business
financetom
/
Business
/
HSBC to cut another 20 investment banking jobs in Asia, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HSBC to cut another 20 investment banking jobs in Asia, sources say
Apr 17, 2024 12:37 AM

HONG KONG (Reuters) - HSBC ( HSBC ) is expected to cut an additional 20 investment banking jobs in Asia on a deals slump, takes the total cuts to around 30 this week, three sources with knowledge of the matter said.

The Asia-focused lender started the layoffs on Tuesday in the region, when it notified around a dozen bankers.

HSBC ( HSBC ) did not respond to Reuters query immediately.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BP, Shell and EOG vie for acreage in Trinidad's oil and gas auction
BP, Shell and EOG vie for acreage in Trinidad's oil and gas auction
May 27, 2024
HOUSTON, May 27 (Reuters) - Trinidad and Tobago received six bids from BP, Shell and US shale producer EOG Resources ( EOG ) on four blocks to explore for oil and gas as its 2023 shallow water auction closed on Monday. Trinidad plans to announce the winners in four months, Energy Minister Stuart Young said at the closing of the...
Lithium Ionic Finalizing Feasibility Study for Bandeira, Expects Approval for its Environmental and Installation License In Early Q3
Lithium Ionic Finalizing Feasibility Study for Bandeira, Expects Approval for its Environmental and Installation License In Early Q3
May 27, 2024
03:57 PM EDT, 05/27/2024 (MT Newswires) -- Lithium Ionic ( LTHCF ) , which was last seen down near 4%, said Monday it is currently finalizing a Feasibility Study for its Bandeira Lithium Project in Brazil and expects approval for its Concomitant Environmental and Installation License (LAC) in early Q3. A statement noted the LAC, or Licenca Ambiental Concomitante, approval...
Aeromexico temporarily suspends Mexico City-Quito route
Aeromexico temporarily suspends Mexico City-Quito route
May 27, 2024
MEXICO CITY (Reuters) - Mexican carrier Aeromexico is temporarily suspending its route from Mexico City to the Ecuadorean capital of Quito, the airline said on Monday. The route will be suspended from July 1 to Dec. 18, Aeromexico confirmed. Travel between Mexico and Ecuador has become more difficult in the fallout after the dramatic April arrest of Ecuador's former Vice...
Tribe Property Technologies to Buy Toronto-Based DMSI Holdings and Announced Private Placement Led by PROPELR Growth Fund
Tribe Property Technologies to Buy Toronto-Based DMSI Holdings and Announced Private Placement Led by PROPELR Growth Fund
May 27, 2024
03:13 PM EDT, 05/27/2024 (MT Newswires) -- Tribe Property Technologies Inc. ( TRPTF ) , a provider of technology-elevated property management solutions, announced Monday that, through its wholly-owned subsidiary Tribe Management Inc., it is has agreed to acquire Toronto-based DMSI Holdings Ltd. -- including three operating subsidiaries: DMS Property Management Ltd., Del Management Solutions Inc., and Delcom Management Services Inc....
Copyright 2023-2026 - www.financetom.com All Rights Reserved