Morgan Stanley cuts dozens of investment banking jobs in Asia

Deutsche Bank has trimmed 10 private banking roles in Asia over the past week. The bank has cut dozens of roles in recent quarters as it zooms in on more profitable markets. People familiar with the matter say it weeds out underperformers in the region. Deutsche Bank: Cuts are part of an effort to weed out underperforming bankers in Asia.

HSBC’s overall headcount will probably ‘continue to trend down”, officials say. HSBC‘to cut 20 roles’ in investment division. HSBC: Overall headcount likely to continue to ‘trend down’ as headcounts continue to fall.

Morgan Stanley cutting at least 50 investment banking jobs in Asia-Pacific region due to a deals slump. The layoffs affect around 13% of the Wall Street bank's Asia investment banking workforce of 400. Bankers based in Hong Kong and mainland China are going to be affected the most.

HSBC Holdings Plc has started a new round of job cuts at its Asia investment bank. The move comes amid a slump in dealmaking across the region, people say. HSBC Cuts a Dozen Investment Bankers in Asia on Deals Slump. People familiar with the matter say HSBC is cutting a dozen investment bankers in Asia.