May 16 (Reuters) - Morgan Stanley is considering
a 7% cut in its Asia-Pacific investment banking workforce, with
China taking the biggest hit, Bloomberg News reported on
Tuesday, citing people familiar with the matter.
The bank is likely to start communicating with affected
bankers as soon as this week, with more than 40 jobs at risk,
including those with the capital markets unit, Bloomberg News
said.
(Reporting by Nilutpal Timsina in Bengaluru)
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