While layoffs in the industry are not new, there are some evolving trends underpinning this round, according to industry insiders.
Tag : layoffs
Hong Kong-based NF Trinity is looking to expand its public and private investment capabilities, with new hires from several institutions including the Ontario Teachers' Pension Plan, PAG, and Goldman Sachs.
Markets have rewarded recent layoff announcements from prominent tech firms such as Meta and Microsoft, but does that mean the sector has bottomed out?
The Hong Kong fund house has laid off senior executives, including its Southeast Asia head and managing director for alternative products, as it moves to rationalise its business further.
HSBC becomes the latest bank to trim its wealth management team as it lays off 100 private bankers in Hong Kong.