Morgan Stanley to cut about 50 investment-banking jobs in APAC, Bloomberg News reports-February 2024-www.financetom.com

Morgan Stanley to cut about 50 investment-banking jobs in APAC, Bloomberg News reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Morgan Stanley to cut about 50 investment-banking jobs in APAC, Bloomberg News reports

Apr 16, 2024 7:50 PM

April 16 (Reuters) - Morgan Stanley ( MS ) plans to

start cutting about 50 investment-banking jobs in the

Asia-Pacific region this week, Bloomberg News reported on

Tuesday.

The planned job cuts affect about 13% of the 400 bankers in

the region, excluding Japan, the report said, citing a person

familiar with the matter.

(Reporting by Disha Mishra in Bengaluru; Editing by Subhranshu

Sahu)

Previous page： ITC AGM: Actively pursuing inorganic opportunities in FMCG business, says CMD Sanjiv Puri Next page： IRCTC resumes e-catering services: Here’s how to order food on train

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.

Show More Comments

Related Articles >

ITC AGM: Actively pursuing inorganic opportunities in FMCG business, says CMD Sanjiv Puri

Aug 11, 2021

Sanjiv Puri, chairman and managing director of ITC said the company is actively pursuing inorganic opportunities, similar to its earlier acquisition of Savlon, Nimyle.

IRCTC resumes e-catering services: Here’s how to order food on train

Aug 12, 2021

According to IRCTC eCatering website, more than 500 restaurants like Domino’s, Comesum, Zoop, Railrestro, Garg Rajdhani Online Food, Yatri’s, Rail Recipe, Relfood, Haldirams, OLF Stores, Dewsis, Subway are available on this platform.

Vodafone Idea warns it may go under if AGR dues 'errors' are not fixed

Aug 13, 2021

Vodafone said the DoT's alleged arithmetical error would cost the company Rs 25,000 crore, forcing it to a point of no return. It has approximately 27.33 crore subscribers, as of June 2021.

Deutsche Bank gets nod to set up IFSC banking unit at GIFT City

Aug 12, 2021

Deutsche Bank will set up its IFSC banking unit at India's first global financial centre in Gujarat. The bank has received approval from the GIFT SEZ Authority to set up an IFSC banking unit at India's first International Financial Services Centre (IFSC) at GIFT City, Gujarat, a release said on Thursday.