NEW YORK: Bank of America is set to cut around two dozen investment banking jobs in Asia, including some top dealmakers, sources said, as a slowdown forces western banks to cut costs. This comes after Goldman Sachs on Friday said it was planning to cut 30% of its 300 investment banking jobs in Asia outside Japan due to a fall in activity.
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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