Goldman cutting more than 30 Asia investment banking jobs – sources

HONG KONG (Reuters) – Goldman Sachs Group (NYSE:) is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks’ dealmaking and trading revenues.

The reduction in regional jobs, most of which are in the global banking & markets division, started on Wednesday, said the sources, who declined to be named as they were not authorised to speak to the media.

Goldman Sachs declined to comment.