By Sinead Cruise, Lawrence White, Scott Murdoch and Selena Li LONDON/SYDNEY/HONG KONG (Reuters) - Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. His surprise departur.
By Sinead Cruise, Lawrence White, Scott Murdoch and Selena Li LONDON/SYDNEY/HONG KONG (Reuters) -Under Chief Executive Noel Quinn, HSBC navigated a global .
By Sinead Cruise, Lawrence White, Scott Murdoch and Selena Li LONDON/SYDNEY/HONG KONG (Reuters) - Under Chief Executive Noel Quinn, HSBC navigated a global pandemic and a push by rebel investors to break up the 160-year bank. His surprise departur.
Hong Kong-listed asset
manager Value Partners Group has cut about one-third
of its China staff as it looks to restructure the business to
boost profit amid weaker markets, two sources with.
China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile markets and Beijing's austerity drive. CICC didn't immediately respond to Reuters' request for comment on Sunday. The salary cuts will affect more than 2,000 bankers, and come after one of the largest investment banks in China by headcount trimmed bankers' bonuses last year by up to 40%, as Reuters reported in April last year.