HONG KONG] Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking workforce, two sources with knowledge of the matter told Reuters on Friday (Mar 14).

Bank of America has laid off 16 bankers in Hong Kong as part of global cuts to its investment banking workforce, two sources ...

Asia-focused hedge funds posted an average 0.71% loss this month until the 10th, compared with a 2.6% drop for their U.S.

The price gaps come as Chinese tech stocks have regained favour among investors after the rapid ascent of AI start-up ...

After dumping bets in the US and Europe last week, hedge funds in Asia moved to unwind their wagers earlier this week, ...

Goldman Sachs analysts called the big US tech stocks the “Maleficent 7” instead of “Magnificent 7” as they slashed their ...

The Asian giant’s capital market performance recorded its best start to a year in history despite trade tensions, and thanks ...

DeepSeek’s artificial intelligence breakthrough is stirring up China’s venture capital world after three straight years of ...

Deal work was down in February year over year, just like in January. Some deals are coming through, but they face an ...

Barclays’ Asia-Pacific operations have consistently delivered double-digit returns on tangible equity over the past five years.

At the same time, global investment banks—including Deutsche Bank, Goldman Sachs, and Morgan Stanley—have turned increasingly ...

Regional markets slipped following an overnight US$1 trillion sell-off in the Nasdaq 100 Index of America's biggest tech ...