China, CICC
CICC, Citic, JPMorgan cut investment banking jobs in China as deals stall
HONG KONG (Reuters) -Two Chinese companies and JPMorgan have become the latest banking groups to cut jobs in China as a slow recovery in listing and dealmaking activities force them to ramp up cost controls,
Exclusive-China's CICC may cut investment banking headcount by at least 10% this year, sources say
SHANGHAI (Reuters) - China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market downturn and sluggish economy darken prospects.
JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say
JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities.The U.S.
Alantra Cuts Germany Staff Amid Investment Banking Slump
Alantra Partners SA has cut staff numbers by about half at its German unit as the Spanish firm reorganizes its investment banking business following a drought in dealmaking.
WRAPUP 1-CICC, Citic, JPMorgan cut investment banking jobs in China as deals stall
Two Chinese companies and JPMorgan have become the latest banking groups to cut jobs in China as a slow recovery in listing and dealmaking activities force them to ramp up cost controls, six sources with knowledge of the matter said.
China's CICC may cut investment banking headcount by at least 10% this year
China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10 per cent this year, two people with knowledge of the matter said, as a capital market downturn and sluggish economy darken prospects.
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures from one of the country’s largest investment banks.
REFILE-JPMorgan cuts at least six investment banking jobs in Hong Kong, sources say
JPMorgan Chase & Co has become the latest Wall Street firm to reduce its workforce in Hong Kong, two sources with knowledge of the matter said, amid a weaker market and dealmaking activities. The U.S.
Chinese investment bank CICC to demote senior bankers, cut their pay to reduce costs
The extremely rare move is being viewed by some staffers as a way for the bank to cut costs without making bankers redundant The efforts to further drive down costs come as deals from IPOs to mergers and acquisitions in China and Hong Kong have plummeted in recent years China International Capital Corp is planning to demote some of its senior bankers and cut their pay,
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