HSBC Cuts 30 Investment Banking Jobs in APAC, Morgan Stanley Cuts 50 Investment Banking Jobs in APAC, Earlier Reported Investment Banking Cuts Include Barclays, Morgan Stanley UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in Late 2023 & 2024

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

HSBC Cuts 30 Investment Banking Jobs in APAC, Morgan Stanley Cuts 50 Investment Banking Jobs in APAC, Earlier Reported Investment Banking Cuts Include Barclays, Morgan Stanley UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in Late 2023 & 2024

20th April 2024 | Hong Kong

HSBC has been reported to cut around 30 investment banking jobs in APAC (Asia-Pacific), and Morgan Stanley reported to cut around 50 investment banking jobs in APAC.  In late March 2024, Barclays had been reported to be planning to cut hundreds of investment banking jobs, joining Morgan Stanley, UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in investment banking job cuts in late 2023 and 2024.  In February 2024, Morgan Stanley had been reported to be cutting hundreds of jobs in Wealth Management, joining UBS in planning to cut investment banking & private banking jobs with 90 job cuts in Asia, of which around 25 private bankers & investment solutions team in Greater China & Singapore may be affected.  Nomura had also been reported to cut around 60 investment banking jobs, joining Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.  In January 2024, Bank of America had also announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).  

“ HSBC Cuts 30 Investment Banking Jobs in APAC, Morgan Stanley Cuts 50 Investment Banking Jobs in APAC, Earlier Reported Investment Banking Cuts Include Barclays, Morgan Stanley UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in Late 2023 & 2024 “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle

Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)

The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here

The 2025 Family Office Summit
10th April & 16th Oct Hong Kong St Regis | 17th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here

2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

Barclays to Cut Hundreds of Investment Banking Jobs, Joins Morgan Stanley, UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in Investment Banking Job Cuts in Late 2023 & 2024

22nd March 2024 – Barclays had been reported to be planning to cut hundreds of investment banking jobs, joining Morgan Stanley, UBS, Nomura, Bank of America, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup in investment banking job cuts in late 2023 and 2024.  In February 2024, Morgan Stanley had been reported to be cutting hundreds of jobs in Wealth Management, joining UBS in planning to cut investment banking & private banking jobs with 90 job cuts in Asia, of which around 25 private bankers & investment solutions team in Greater China & Singapore may be affected.  Nomura had also been reported to cut around 60 investment banking jobs, joining Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.  In January 2024, Bank of America had also announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).

Morgan Stanley to Cut Hundreds of Jobs in Wealth Management, UBS to Cut Investment Banking & Private Banking Jobs with 90 Job Cuts in Asia

15th February 2024 – Morgan Stanley had been reported to be cutting hundreds of jobs in Wealth Management, joining UBS in planning to cut investment banking & private banking jobs with 90 job cuts in Asia, of which around 25 private bankers & investment solutions team in Greater China & Singapore may be affected.  Nomura had also been reported to cut around 60 investment banking jobs, joining Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.  In January 2024, Bank of America had also announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).

UBS to Cut Investment Banking & Private Banking Jobs with 90 Job Cuts in Asia, Around 25 Private Bankers & Investment Solutions Team in Greater China & Singapore May be Affected

1st February 2024 – UBS has been reported to be planning to cut investment banking & private banking jobs with 90 job cuts in Asia, of which around 25 private bankers & investment solutions team in Greater China & Singapore may be affected.  Nomura has also been reported to cut around 60 investment banking jobs, joining Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.  In January 2024, Bank of America had also announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).

Nomura Cuts 60 Investment Banking Jobs, Joins Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs

31st January 2024 – Nomura has cut around 60 investment banking jobs, joining Bank of America, UBS, Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.  In January 2024, Bank of America has announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).  UBS has also been reported to be preparing to cut investment banking jobs, joining Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.

Bank of America Cuts 20 Investment Banking Jobs in Asia, UBS to Cut Investment Banking Jobs, Joins Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to Cut Investment Banking Jobs

24th January 2024 – Bank of America has announced job cuts including around 20 investment banking jobs in Asia, with majority of the cuts affecting Hong Kong-based bankers (China deals).  Senior investment bankers affected include Winnie Ng (Head of Hong Kong coverage & Co-Head of APAC Real Estate, Gaming & Losing) and Jessica Li (Head of Asia Healthcare).  UBS has also been reported to be preparing to cut investment banking jobs, joining Credit Suisse, JP Morgan, Goldman Sachs & Citigroup to cut investment banking jobs.

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 – 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.

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.

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register

You are:
Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementOthers

Manage / Invest / Advise:
$20 million to $100 million AUM$100 million to $300 million AUM$300 million to $1 billion AUM$1 billion to $10 billion AUM$10 billion to $100 billion AUMMore than $100 billion AUM

Select:
Mailing List / Free TrialMonthly SubscriptionYearly SubscriptionMembershipEvents

Upcoming Events:
2024 Investment Day Hong Kong 17th Oct2024 Investment Day Singapore 7th Nov2024 Family Office Summit Hong Kong 17th Oct2024 Family Office Summit Singapore 7th Nov2025 Events

Your Name*

Company*

Job Title*

Email 1 (Work / Personal)*

Email 2 (Work / Personal)

Country

Please leave this field empty.

86968

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $3 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2024 Investment Day

• March 2024 - Hong Kong
• March 2024 - Singapore
• July 2024 - Hong Kong
• July 2024 - Singapore
• Sept 2024 - Hong Kong
• Sept 2024 - Singapore
• Oct 2024 - Hong Kong
• Nov 2024 - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
[email protected], [email protected]

For Listing, Subscription
[email protected], [email protected]

For Press Release, send to:
[email protected]

For Events & Webinars
[email protected]

For Media Kit, Advertising, Sponsorships, Partnerships
[email protected]

For Research, Data, Surveys, Reports
[email protected]

For General Enquiries
[email protected]

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---