 "Morgan Stanley")
Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking business takes a hit due to rising inflation and an economic downturn.
In Asia Pacific, the bank has drafted up a list of staff members considered redundant, who will mainly come from teams that focus on China-related business, two sources said. All declined to be named as the information is confidential.
Some cuts will come from capital markets teams in Hong Kong and mainland China, and most of the rest are
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