Tag : Morgan Stanley

Post-holiday blues hit Hong Kong's Chinese equities as economic concerns rise
Business

Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise

Admin
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout the region and escalating concerns about China’s economic prospects. The...
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
Business

Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs

Admin
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank of America, and Citigroup have resorted to job cuts. Specifically,...