BBG: Adani Group buys Orient Cement as race with Birla heats up
BLOOMBERG reports: Ambuja Cements Ltd., part of the Adani Group, has agreed to acquire Orient Cement ...
BLOOMBERG reports:
– Latest reductions are said to affect all levels of seniority
– Wall Street giant has also been paring bankers across Asia
JP Morgan Chase & Co. is cutting about 40 investment bankers in North America, as the Wall Street giant adds to international reductions amid a dealmaking slowdown.
The latest cuts span all levels of seniority, according to people familiar with the matter, who asked not to be identified discussing the plans for personnel. JP Morgan eliminated about 20 investment-banking jobs in Asia earlier this week, on top of a prior round affecting the region…
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