Morgan Stanley to slash 2022 banker bonuses in Asia by up to half – sources

SYDNEY/HONG KONGĀ  – Morgan Stanley plans to slash investment bankers’ annual bonuses by as much as 50 percent in Asia, said two people with direct knowledge of the matter, as the Wall Street firm reins in costs to tackle tough market conditions that have hit its revenue. The scale of the cuts in Asia could … Continue reading Morgan Stanley to slash 2022 banker bonuses in Asia by up to half – sources