Investing
Goldman cutting more than 30 Asia investment banking jobs – sources
© Reuters. FILE PHOTO: FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly//File Photo
HONG KONG (Reuters) – Goldman Sachs Group (NYSE:) is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks’ dealmaking and trading revenues.
The reduction in regional jobs, most of which are in the global banking & markets division, started on Wednesday, said the sources, who declined to be named as they were not authorised to speak to the media.
Goldman Sachs declined to comment.
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