Exclusive-China’s CICC May Cut Investment Banking Headcount by...

May 7, 2024

SHANGHAI (Reuters) – China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10% this year, two people with knowledge of the matter said, as a capital market downturn and sluggish economy darken prospects. Beijing-based CICC, which had about 2,400 investment …

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