Morgan Stanley to cut about 50 investment-banking jobs in APAC, Bloomberg News reports

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April 16 (Reuters) - Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, Bloomberg News reported on Tuesday.

The planned job cuts affect about 13% of the 400 bankers in the region, excluding Japan, the report said, citing a person familiar with the matter. (Reporting by Disha Mishra in Bengaluru; Editing by Subhranshu Sahu)

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