Macquarie slashes Asia IB headcount

The Australian bank has made 80 to 90 employees redundant across Hong Kong, Singapore, Korea, India and Japan due to waning deal flow.
Macquarie joins a growing list of institutions right-sizing headcount after overbuilding in 2010.
Macquarie joins a growing list of institutions right-sizing headcount after overbuilding in 2010.
March 31, 2015

Australia’s Macquarie Group will nearly halve its investment banking staff across Asia amid a slowdown in deal making in the region.

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