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CICC Cuts Investment-Banking Jobs After Profit Declines, Caixin Reports

China International Capital Corp. cut about 30 jobs at its investment-banking arm because profit declined, Caixin reported, without citing anybody.

CICC is China’s largest investment bank.

To contact the reporter on this story: Bloomberg News at emailtv@bloomberg.net

To contact the editor responsible for this story: Jim McDonald at jmcdonald8@bloomberg.net

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