Sid Sibal News Today

Just a few years ago, lucrative business prospects in China on the back of a booming economy led to a scramble among Western financial firms, from investment banking to asset management, to expand their footprints and source talent from across the world. But as doubts grow about China's economic recovery and its markets lag global peers, many of the financial firms are taking a hit on their earnings and are reining in their ambitions for what was a key piece of their global growth strategy...

Just a few years ago, lucrative business prospects in China on the back of a booming economy led to a scramble among Western financial firms, from investment banking to asset management, to expand...

Western financial firms are cutting their operations in China as the country's economy fails to show significant signs of improvement.

People in their 30s and 40s who left are a big loss of talent and babies too, population expert says.

Japan, India offer hope amid market turmoil in China

Job cuts at western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as deal prospects brighten in...

Staff reduction at Western investment banks in Asia is expected to upturn this year as revenue constraints mount due to deepening economic and market...

Job cuts at Western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening financial turmoil in China.

HONG KONG: Job cuts at Western investment banks in Asia are expected to increase this year as revenue pressures rise due to deepening economic and market turmoil in China, even as deal prospects...

Slightly more than half of Hong Kong employees (51%) are contemplating changing jobs in 2024, according to a study by recruitment firm Hudson.