SG slicing SEA staffing
(Indonesia) - SG Securities is cutting 10 percent its staff in emerging Asia markets and centralising its South East Asian operations in Singapore and Bangkok.
The cuts backs, largely a response to hardening market conditions, is associated with the firm closing its Indonesia, Malaysia and Philippine offices.
SG Securities is left with investment banking offices in China, India, Korea and Taiwan.
SG Securities is left with investment banking offices in China, India, Korea and Taiwan.