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Reuters

Reuters

BNP lays off a dozen China dealmakers amid fee plunge

Reuters
Summary
Nutrition label

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.

VR Score

93

Informative language

99

Neutral language

88

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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