China
International Capital Corp 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.
Exclusive-Chinese Brokerage CICC Cutting Dealmakers' Base Pay by 25%, Sources Say usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Chinese brokerage Haitong Securities removed Lin Yong from chief executive of its Hong Kong-based offshore unit, according to an internal memo and a company source with knowledge of the matter. .
Hong Kong Bourse Operator's Q1 Profit Down 13% on Weaker Listings, Trading usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Hong Kong s bourse
operator on Wednesday reported a narrower than expected 13% drop
in first-quarter profit, as sluggish trading and muted listing
activities weighed on its businesses. .