Latest News for: China dealmaker

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Satya Nadella just tried to show everyone who's boss in AI, again

Business Insider 18 Apr 2024
Justin Sullivan/Getty ImagesSatya Nadella is hoping to prove he's the shrewdest dealmaker in AI.Microsoft just put $1.5 billion in UAE firm G42 while getting it to divest its China ties.G42 has been ...
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Investment bankers lose jobs as Asian deals slow

Business Day 17 Apr 2024
The process was expected to see the departure of about 30 dealmakers in the region this week, three separate sources said ... The cuts follow similar measures by other banks stung by a decline in dealmaking activities in China amid a slowing economy.
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Morgan Stanley planning major round of layoffs in China

The National 17 Apr 2024
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80 per cent of the reductions expected in Hong Kong and China ... China declined.
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Goldman China Chief, E G Morse departs after 16 years as geopolitics dent ambitious expansion plans

Live Mint 09 Apr 2024
Goldman Sachs Group Inc.’s co-head of its China business, E.G ... He joined the bank in 2008, according to the memo which was confirmed by a bank spokesman.His departure comes amid a string of exits across global investment banking in China.
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Now Lawyers Are Suffering From China’s Deal Slump

Live Mint 13 Mar 2024
China’s dealmaking slump has already ...
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California chipmaker Tower Semiconductor furloughing staff amid slowdown

SiliconValley.com 05 Mar 2024
... from China, according to Reuters ... and China over trade, intellectual property and the future of Taiwan are spilling over into corporate dealmaking — particularly when it comes to tech companies.
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Newport Beach chipmaker Tower Semiconductor furloughing staff amid slowdown

Orange County Register 05 Mar 2024
... from China, according to Reuters ... and China over trade, intellectual property and the future of Taiwan are spilling over into corporate dealmaking — particularly when it comes to tech companies.
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China gives suspended death sentence to former top banker

CNN 06 Feb 2024
A Chinese court has handed a suspended death sentence to Tian Huiyu, an ex-president of China Merchants Bank and previously the right-hand man of the country’s former economic tsar, on charges including bribery and insider trading.
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Pay freeze looms for top bankers

Hong Kong Standard 05 Feb 2024
Staff reporter and agencies ... The Standard Channel ... Last month, UBS was reported to be looking to cut about 90 jobs in Asia private wealth and investment banking in March as China's stock market rout and a slump in dealmaking have eroded revenue ... .
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Bao Fan: Missing Chinese banker resigns from China Renaissance for ‘health reasons’

CNN 02 Feb 2024
CNN has contacted China Renaissance for comment ... Bao was a veteran banker in China’s tech industry. He founded China Renaissance in 2005 in Beijing and made it one of the top dealmakers for Chinese tech firms.
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Missing Chinese banker resigns from China Renaissance for ‘health reasons’ a year after disappearing

Auburnpub dot com 02 Feb 2024
CNN has contacted China Renaissance for comment ... Bao was a veteran banker in China’s tech industry. He founded China Renaissance in 2005 in Beijing and made it one of the top dealmakers for Chinese tech firms.
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UBS to cut 90 jobs in Asia private wealth and investment banking next month

Live Mint 01 Feb 2024
UBS Group AG is planning to cut about 90 jobs in Asia private wealth and investment banking in March as China’s stock market rout and a slump in dealmaking have eroded revenue, people familiar with ...
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New, expanded child tax credits are back — and they may actually pass Congress

The Los Angeles Times 26 Jan 2024
When Sen ... The deal would enact “pro-growth, pro-worker, pro-American” policies that will “help sharpen our competitive edge with China,” Smith said on Fox News. The dealmaking has been easier because the debate has been mostly out of the headlines ... .
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