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Daily Dispatches: MUFG-Morgan Stanley to slash 1,300 jobs

Hot on the heels of job cuts at Nomura and Mizuho Securities, MUFG-Morgan Stanley will slash 20 per cent of its work force to reduce costs. (The Wall Street Journal)

New faces at the top: DBS Asset management overhauls its management after being rebranded as Nikko Asset Management Asia. (AsianInvestor)

Citigroup’s Q3 earnings rise by 74 per cent. (The Wall Street Journal)

SGX’s Q1 profit which ended on Sept 30, shot up by 18 per cent (TODAY)

Unlike in the West where protests against bankers and corporate greed have flourished, Singapore and Hong Kong have been super subdued. (Reuters)

Financial regulators in Hong Kong are seeking public views on regulatory reforms covering over- the-counter derivatives. (The Standard)

A Hong Kong flick on gambling, loan sharking and asset management in Asia makes its debut. (AsianInvestor)

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