Credit Suisse Cuts Around 80% of Investment Banking Staff in Hong Kong, Earlier Reports of UBS & Credit Suisse to Cut Investment Banking Jobs in Asia in July 2023, Joins JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs

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Credit Suisse Cuts Around 80% of Investment Banking Staff in Hong Kong, Earlier Reports of UBS & Credit Suisse to Cut Investment Banking Jobs in Asia in July 2023, Joins JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs

11th August 2023 | Hong Kong

Credit Suisse has cut around 80% of investment banking staff in Hong Kong, with earlier reports of UBS & Credit Suisse planning to cut investment banking jobs in Asia in July 2023.  Credit Suisse, which had merged into UBS (June 2023), joins JP Morgan, Goldman Sachs & Citigroup in cutting investment banking jobs. By June 2023, JP Morgan has cut 20 investment banking jobs in Asia, and Goldman Sachs had been reported to be cutting 30 investment banking jobs in Asia, and Citigroup to be cutting 50 investment banking & corporate banking jobs in United Kingdom.  

“ Credit Suisse Cuts Around 80% of Investment Banking Staff in Hong Kong, Earlier Reports of UBS & Credit Suisse to Cut Investment Banking Jobs in Asia in July 2023, Joins JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs “

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UBS & Credit Suisse to Cut Investment Banking Jobs in Asia in July 2023, Joins JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs

22nd June 2023 – UBS recently-acquired Credit Suisse will be cutting investment banking jobs in Asia in July 2023, joining JP Morgan, Goldman Sachs & Citigroup in cutting investment banking jobs.  JP Morgan has cut 20 investment banking jobs in Asia, and Goldman Sachs had been reported to be cutting 30 investment banking jobs in Asia, and Citigroup to be cutting 50 investment banking & corporate banking jobs in United Kingdom.

JP Morgan Cuts 20 Investment Banking Jobs in Asia, Joins Goldman Sachs in Cutting 30 Investment Banking Jobs in Asia & Citigroup to Cut 50 Investment Banking & Corporate Banking Jobs in UK

21st June 2023 – JP Morgan has cut 20 investment banking jobs in Asia (19th June 2023), joining Goldman Sachs & Citigroup in cutting investment banking jobs.  Earlier in June 2023, Goldman Sachs had been reported to be cutting 30 investment banking jobs in Asia, and Citigroup to cut 50 investment banking & corporate banking jobs in United Kingdom.

Goldman Sachs to Cut 30 Investment Banking Jobs in Asia, Citigroup to Cut 50 Investment Banking & Corporate Banking Jobs in UK

15th June 2023 – Goldman Sachs has been reported to be cutting 30 investment banking jobs in Asia, and Citigroup to cut 50 investment banking & corporate banking jobs in United Kingdom.

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