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Morgan Stanley (MS) plans to slash about 15% of its investment banking jobs in Asia, say...

  • Monday, January 14, 7:32 AM ET
    Morgan Stanley (MS) plans to slash about 15% of its investment banking jobs in Asia, say sources, as part of its elimination of 1.6K jobs globally. The move is notable as the global cuts equate to 6% of the workforce, but cuts in Asia - where the growth supposedly is - will be deeper?
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