trending Market Intelligence /marketintelligence/en/news-insights/trending/WEHy9hryNBlhgTeCfO2MHQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Morgan Stanley axes jobs in Asia equities division

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Report: Morgan Stanley axes jobs in Asia equities division

U.S.-based Morgan Stanley cut about a dozen jobs in its equities division in Asia, Bloomberg News reported Dec. 20, citing people familiar with the matter.

The move is part of the company's global year-end efficiency push. The bank's head of cash facilitation in the region, Nick Wallum, was among the affected employees. The report came after CNBC reported in early December that Morgan Stanley was laying off approximately 2% of its workers, with most of the job cuts in the technology and operations divisions.

A Morgan Stanley spokeswoman declined to comment, while Wallum did not immediately respond to a text message from Bloomberg.