09 Mar Stress and despair: new year, old wounds for Hong Kong bankers with IPO market in slump and windfalls elude investors
Posted at 02:00h
in Asia
Wall Street investment banks have seen some significant lay-offs. Goldman Sachs’ headcount fell 7 per cent globally in 2023, while Morgan Stanley and Bank of America reported a 2 to 3 per cent drop. Those who managed to retain their jobs have suffered a 40...