QInvest Said to Cut Jobs at Brokerage, Asset Management

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QInvest LLC, the Qatari investment bank forming a joint venture with Egypt’s EFG-Hermes Holding SAE, is cutting jobs at its brokerage and asset management divisions, two people familiar with the matter said.

As many as 13 people are leaving, one of the people said, declining to be identified because the reductions aren’t public.