Morgan Stanley and HSBC are reducing their investment banking workforce in the Asia Pacific due to sluggish markets and lower deal activities, particularly in China and Hong Kong. This aligns with similar downsizing trends across the industry. This week, Morgan Stanley and HSBC are implementing significant job reductions in their investment banking divisions across the Asia Pacific, according to sources …
Read More »Morgan Stanley and HSBC Initiate Major Job Cuts in Asia Pacific Investment Banking
