Morgan Stanley's head of mergers and acquisitions for Asia-Pacific, Ed King, has resigned and, according to sources, will be joining Barclays Capital in a similar role.
While King has yet to formally leave the firm, Morgan Stanley has already named his replacements. A spokesperson at the bank said Samuel Kim and Peter Ding will become co-heads of MA for Asia-Pacific. Like with King, their remit won't include Japan.
In addition, the firm has also set up a new corporate finance execution team for the region, which will be headed by Terence Keyes. The idea of the new team, which will be responsible for executing all financing-related transactions, is to better meet the increasingly specialised...