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...

(Reuters) - China Vanke is seeking to sell its entire stake in logistics firm GLP, Bloomberg News reported on Wednesday, as the cash-strapped state-backed property developer looks to raise liquidity. Vanke has held discussions with parties including state-owned investment company Guangdong Holdings Ltd and a Tianjin-based state-owned firm to exit its investment, the report said, citing people familiar with the...

TOKYO (Reuters) - Unsolicited takeovers will become common in Japan with time due to government efforts to de-stigmatise the practice, Dai-ichi Life's ( DCNSF ) CEO said after its success in clinching a $2 billion deal to acquire a company with an unexpected bid. The life insurer bid for Benefit One ( BNTOF ) in December despite the employee benefits...

HONG KONG, April 17 (Reuters) - Morgan Stanley ( MS ) and HSBC ( HSBC ) are cutting dozens of investment banking jobs in the Asia Pacific this week, sources with knowledge of the matter said, as weaker deal activities and sluggish markets in China and Hong Kong weigh on their business prospects. Morgan Stanley ( MS ) is cutting...