BNP Paribas Cuts China Jobs
This is a China news story, published by Yahoo Finance, that relates primarily to Paribas news.
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China equity capital markets dealsReuters
•BNP lays off a dozen China dealmakers amid fee plunge
82% Informative
BNP Paribas is the latest among global banks to trim headcount amid a slowdown in dealmaking in the Chinese market.
The bank last week began notifying the impacted bankers, the majority of whom are in investment banking and corporate finance roles.
BNP's mainland Hong Kong and China offices had around 100 employees working on China -related deals prior to the cut.
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