Morgan Stanley Asia Pacific M&A Head King To Join Barclays-Source

8th Jun 2010 15:53

Morgan Stanley's (MS) head of mergers and acquisitions for Asia Pacific excluding Japan, Edward King, has left the U.S. bank to join Barclays PLC (BCS, BARC.LN), a person familiar with the situation said Tuesday. King is expected to take up a similar position at Barclays when he rejoins his former boss, Matthew Ginsburg, at the U.K. bank. Ginsburg, who was Morgan Stanley's Asia Pacific investment banking head, joined Barclays last September in a similar position as Barclays seeks to build out its equities platform after buying Lehman Brothers Holding Inc.'s U.S. operations in September 2008. King, a Morgan Stanley veteran, was involved in numerous deals in Asia, including the $2.15 billion sale of American International Group Inc.'s (AIG) sale of its Taiwan life insurance unit in October. A Morgan Stanley spokeswoman confirmed King is leaving the bank and that Sam Kim and Peter Ding will succeed King as Asia Pacific co-heads of M&A. -By Amy Or, Dow Jones Newswires, (212) 416 3142, [email protected] (END) Dow Jones Newswires June 08, 2010 10:53 ET (14:53 GMT)