Exclusive-China's CICC may cut investment banking headcount by at least 10% this year, sources say

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Explore stories from Atlantic Canada.

SHANGHAI - China International Capital Corp may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market downturn and sluggish economy darken prospects.

CICC, China's oldest investment bank, is under increased pressure to rein in costs amid rapidly falling fees from its underwriting and financial advisory businesses. CICC had already been cutting the base pay of onshore dealmakers by as much as 25%, Reuters reported last month. That stands in sharp contrast to the total IPO volume elsewhere globally, which nearly doubled to $31.4 billion in the same period, showed LSEG data.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 45. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し