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Top Chinese Bankers among Morgan Stanley's 3,000 Job Cuts

Top Chinese Bankers among Morgan Stanley's 3,000 Job Cuts
Morgan Stanley has set in motion a massive workforce reduction plan in its Asia division, part of which includes severing ties with six of its managing directors, many of whom were at the helm of its China banking operations. This decision comes amidst a difficult economic climate in the region, exacerbated by escalating China-American tensions that have greatly hindered deal-making.Morgan Stanley Says Goodbye to China’s Top BankersAccording to anonymous insiders interviewed by Bloomberg, key pl... Read More
Posted: May 29 2023, 13:27
Author Name: financemagnates
Views: 101837

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